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Tag: #HudsonsBayCo

Fashion
Everett Thistlethwaite

Saks Owner Hudson’s Bay Is Selling Junk Bonds for Neiman Deal

In a significant move within the luxury retail market, Hudson’s Bay Co. has turned to the junk-bond market to finance its acquisition of Neiman Marcus Group. This approach indicates the company’s strategic positioning to consolidate its place in a fiercely competitive segment. The bond sale, estimated at $2 billion for a five-year term, is set […]

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