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Saks Global Enterprises creditors that hold more than half of its $2.2 billion bond due 2029 have organised and are preparing for potential talks with the company regarding its financing options, according to people with knowledge of the matter.
The group has hired Lazard Inc. and Paul Weiss Rifkind Wharton & Garrison as advisers, said the people, who asked not to be named because they’re not authorised to speak publicly.
Representatives for Saks and Lazard declined to comment, while…
