Neiman Marcus Denies Breaching Terms of Deutsche Bank Loan

The department-store chain denied violating the terms of a loan from top-ranking lender Deutsche Bank, saying it has $100 million more cash on hand than projected because sales have been better than expected.

Neiman Marcus Denies Breaching Terms of Deutsche Bank Loan
The department-store chain denied violating the terms of a loan from top-ranking lender Deutsche Bank, saying it has $100 million more cash on hand than projected because sales have been better than expected.