for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Neiman Marcus expects to emerge from bankruptcy by end of this month

Sept 4 (Reuters) - Neiman Marcus Group said on Friday it expected to emerge from Chapter 11 bankruptcy by the end of this month under a restructuring plan that is likely to eliminate more than $4 billion of its debt.

The high-end retailer said certain institutional investors will fund a $750 million exit financing package. (reut.rs/3lQGqFE) (Reporting by Uday Sampath in Bengaluru; Editing by Maju Samuel)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up