The luxury retailer made an initial payment to bondholders on time, but six months after it acquired Neiman Marcus concerns about its finances remain.

As the holidays loom and past vendor payments come due, the package replaces a previous proposal for $350 million in new financing.

Christopher Sadowski Saks Global, which now oversees Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus, has struggled to find its footing after the merger.

(Bloomberg) -- Saks Global Enterprises has reached a $600 million debt deal with a number of its existing lenders that would force some creditors to accept losses and push them back in the ...

Saks Global Enterprises has reached a $600 million debt deal with a number of its existing lenders that would force some creditors to accept losses and push them back in the repayment priority line.

On Wednesday afternoon in Pitti Uomo’s Salla della Scherma, Saks Global executives gather to share their vision for the group, which now includes Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman.