Wednesday, October 25, 2017

Neiman Marcus added to new Fitch debt watch lists

Image result for neiman marcusNeiman Marcus' loans and bonds have landed on two previously unpublished secondary "concern" lists from corporate credit rating agency Fitch Ratings.

This morning, Fitch published a "U.S. Secondary Bonds of Concern" list which included $1.69 billion in debt held by Neiman Marcus. Only one other retailer was on that secondary list, northeast supermarket chain Tops Holding.. . . more

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