, Today announced the pricing of its previously announced public offering of $700 million aggregate principal amount of 5.75% Senior Notes due 2022 (the "Senior Notes"). The Senior Notes will bear interest at an annual rate of 5.75% and will be issued at a price equal to 100% of the principal amount thereof. The Company expects to close the offering on May 18, 2012, subject to the satisfaction of customary closing conditions.

The Senior Notes will be guaranteed by Sally Beauty Holdings, Inc., Sally Investment Holdings LLC and certain of the Company's domestic subsidiaries who have guaranteed obligations under its senior credit facilities and its existing notes due 2019.

The Company expects that the net proceeds from this offering will be approximately $688 million. The proceeds from the offering will be used to pay in full the aggregate outstanding principal amount owing under the Company's senior secured term loan facility due 2013 plus any accrued and unpaid interest thereon, approximately $91.1 million outstanding principal amount under the Company's senior revolving credit facility and the fees and expenses incurred in connection with the offering.

Источник: MarketWatch (press release)

LUXOR COSMETICS - профессиональная косметика для волос. Профессиональная косметика и инструменты на сайте www.brc.ru ... professional wella oreal ...