Under Saks Global’s plan, which US bankruptcy judge Alfredo Perez called ‘an extraordinary result,’ the company will reduce its funded debt from $3.4 billion to about $1.2 billion.
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Under Saks Global’s plan, which US bankruptcy judge Alfredo Perez called ‘an extraordinary result,’ the company will reduce its funded debt from $3.4 billion to about $1.2 billion.
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