Neiman Marcus Term Loan Jumps Despite Skipped Interest Payment

16 Apr 2009

Luxury fashion retailer Neiman Marcus Group's term loan jumped last week after the company said it would defer interest payments on its senior toggle notes maturing in 2015.

Luxury fashion retailer Neiman Marcus Group's term loan jumped last week after the company said it would defer interest payments on its senior toggle notes maturing in 2015. The term loan was trading Thursday as high as 69, up from 63 1/2 on ...

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