Nonetheless, followed by a havoc-scale revamp of the luxury US departmental store, the 113-year old Neiman Marcus Holding Co. would have new owners including PIMCO, Sixth Street Partners LLC and Davidson Kempner Capital Management, while the aforementioned stakeholders in Neiman Marcus had been financing a $750 million exit deal that would fully fund the group's debtor-in-possession loan, an amount that a bankrupted firm could borrow in order to continue its operation during the restructuring process following a bankruptcy filing, said the group at its Friday's statement.