A Neiman Marcus Group Ltd. bondholder that sued the company over the spinoff of its MyTheresa e-commerce business, has reached out to the luxury retailer with an offer to extend the company’s debt maturities by two years, the Wall Street Journal reported. Marble Ridge Capital LP, the bondholder, is seeking a 75 percent preferred equity stake in MyTheresa. The new proposal comes after Neiman disclosed it had reached an agreement in principle on a debt deal with another group of investors. The retail chain is offering a 50 percent stake in MyTheresa under that proposal, according to Neiman’s regulatory filing. Marble Ridge is leading a group that together owns $220 million in Neiman’s unsecured notes and $85 million in loans, out of total debt of $4.7 billion.
