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Limited Brands, Inc.
Limited Brands Announces Proposed Private Offering of Senior Notes
July 5th, 2009
Limited Brands, Inc. (NYSE:LTD) announced that it is seeking to raise approximately $500 million of gross proceeds through an institutional private placement of senior notes due 2019. The notes will be guaranteed by certain of the company's subsidiaries. The company intends to use the proceeds of this offering, after the payment of fees and expenses, to repurchase or repay existing debt and for general corporate purposes. This announcement is neither an offer to sell nor a solicitation of an offer to buy any of the company's senior notes. The notes have not been registered under the Securities Act of 1933, as amended, or any state securities laws,...
Source: Pharma Investments, Ventures & Law Weekly (2009-07-05)
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