Sources indicate that Saks Global, the U.S. department store and commercial real estate holding company, is expected to file for bankruptcy "soon" and is close to finalizing a $1.75 billion financing deal before filing for bankruptcy. A financing agr

2026-01-14

Sources indicate that Saks Global, the U.S. department store and commercial real estate holding company, is expected to file for bankruptcy "soon" and is close to finalizing a $1.75 billion financing deal before filing for bankruptcy. A financing agreement is nearing completion with a consortium of lenders led by Pentwater and Bracebridge.