Neiman Marcus Debt Falters, CDS Cost Widens As Retail Sector Takes Hit |
May 12, 2016 | May 2016 Bond Updates |
Debt backing Neiman Marcus was lower today as retail feels the weight of a sector malaise, with Macy’s having disappointed at market close last night, Fossil shares plunging on its troubling results, and concerns throughout the space, including with Nordstrom reporting quarterly results tomorrow. |
View more at: http://www.forbes.com/sites/spleverage/2016/05/11/neiman-marcus-debt-falters-cds-cost-widens-as-retail-sector-takes-hit/ |