TOKYO — Seibu Department Stores Ltd.’s creditors will meet for a second time with officials from the financially troubled Japanese retail giant in about a month, and may then decide whether to endorse the store’s multibillion-dollar bail out plan.

Seibu, still suffering from its failure in real estate development during the Nineties, earlier this week presented a restructuring plan to credit calling for $1.84 billion in loan forgiveness and conversion of debt into equity worth approximately $83.3 million. Dollar figures have been converted from the yen at current exchange rates.

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