Saks Global Secures $1B Bankruptcy Loan After Court Approval
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Saks Global Secures $1B Bankruptcy Loan After Court Approval

Feb 21, 2026

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Deal Summary

Saks Global obtained final court approval for a $1 billion bankruptcy loan, resolving vendor complaints that had previously delayed the financing. The loan will provide essential liquidity as the retailer navigates its restructuring process.

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