Jan
25

Nine West Plans a Bankruptcy Filing With Asset Sales

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  • Plans call for pre-arranged Chapter 11 filing by March 15
  • Second-lien lenders would get biggest share of equity

Nine West Holdings Inc. and its creditors are closing in on a deal to restructure almost $1.5 billion of debt that would include filing for bankruptcy and selling off parts of the shoe and clothing retailer, according to people with knowledge of the negotiations…

Nine West Plans a Bankruptcy Filing With Asset Sales

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Categories : Finance

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