Saks’ Burned Bondholders Fight Over Funding Any Bankruptcy Loan

Lenders to Saks Global Enterprises are grappling with a pressing question as it hurtles toward bankruptcy: How much — if anything at all — should they loan to the cash-strapped...

By Reshmi Basu, Eliza Ronalds-Hannon · Bloomberg Markets

Lenders to Saks Global Enterprises are grappling with a pressing question as it hurtles toward bankruptcy: How much — if anything at all — should they loan to the cash-strapped luxury retailer?