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News briefs

Neiman Marcus, Hermes, Vera Wang and Nielsen – News briefs

November 8, 2010


neimanmarcussite1851Today in luxury marketing:

Neiman Marcus joins borrowers tapping rally to extend loans at higher rate

Neiman Marcus, the luxury retailer owned by private-equity firms, is offering to pay lenders more interest to extend maturities by three years on a term loan as it works to refinance $2.88 billion of debt, according to Bloomberg.

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