Saks Global hit another milestone in its journey through bankruptcy court on Friday.  Alfredo Pérez, the federal bankruptcy judge in Houston, signed off on the retailer’s plan to take in an additional $500 million — in the form of debt or preferred equity — when it exits Chapter 11.  The money will come from an ad hoc group of debtholders, the vast majority of which have also signed on to the company’s restructuring support agreement. If Saks Global exits bankruptcy with more than $700 million in liquidity, it will receive less exit financing.  Betsy Feldman, an attorney from Willkie Farr & Gallagher representing Saks, said: “We believe that this provision properly balances the global debtor’s need for funding and the commitment party’s desire not to commit more funds than are necessary to ensure success post emergence. This was extensively negotiated at arm’s length and in good faith, and numerous written term sheets were exchanged and the parties held multiple meetings.…