Neiman Marcus Struck ‘Devil's Bargain’ With CDS Traders, Fund Says
Neiman Marcus Inc. signage is displayed on the facade of a store in San Francisco, California, U.S. (Photographer: David Paul Morris/Bloomberg)

Neiman Marcus Struck ‘Devil's Bargain’ With CDS Traders, Fund Says

(Bloomberg) -- Neiman Marcus Group’s proposal to take more time to pay back its debt is tantamount to a deal with the devil, according to one hedge fund.
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