Wedding gown retailer David’s Bridal Inc. is expected to file for bankruptcy protection in the coming days, WSJ Pro Bankruptcy reported. The private equity-backed retailer is still in negotiations with its lenders as it wraps up a prepackaged bankruptcy deal that will see it survive. The negotiations are still fluid, and the timing of the bankruptcy filing could be pushed out. The Conshohocken, Pa.-based retailer aims to lighten its nearly $900 million debt load by handing over ownership to its creditors. Existing bondholders include Solace Capital Partners and Oaktree Capital Group.
