Saks Secures $500M Ch. 11 Exit Deal With Bondholders

By Emily Lever · April 2, 2026, 2:44 PM EDT

Saks has gotten a commitment from its senior secured bondholders to provide $500 million in exit financing and intends to file a Chapter 11 plan in the coming weeks, the bankrupt...

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Case Information

Case Title

Saks Global Enterprises LLC

Case Number

4:26-bk-90103

Court

Texas Southern

Nature of Suit

Date Filed

January 14, 2026