Exclusive: Neiman Marcus hires debt restructuring adviser – sources

http://feeds.reuters.com/~r/reuters/businessNews/~3/kgUQvxffzg8/us-neimanmarcus-debt-restructuring-idUSKBN16A1VC

I found this very interesting.

(Reuters) - U.S. high-end department store chain Neiman Marcus has hired investment bank Lazard Ltd to explore ways to bolster its balance sheet as it seeks relief from a $4.9 billion debt pile, people familiar with the matter said on Friday.

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