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  • Article

    ​Neiman Marcus files for Chapter 11 bankruptcy protection

    2020-05-11T05:58:00Z

    Neiman Marcus , the U.S. retailer, on May 7 entered into a restructuring support agreement (RSA) with most of its creditors to undergo a financial overhaul, substantially reducing its debt load and interest payments and supporting continued operations during the Covid-19 pandemic and afterwards. The deal represents over two-thirds ...