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Limited Brands raises $500mn via senior notes
17
Oct '13
Limited Brands, Inc. announced the closing of its previously announced offering of $500 million aggregate principal amount of unsecured senior notes due 2023 (the "2023 Notes").

The Company intends to use proceeds from the offering, after the payment of fees and expenses, for repayment of its 5.250% senior unsecured notes due November 2014 at maturity and for general corporate purposes, including repayment of outstanding borrowings under its revolving credit facility to fund seasonal working capital, share repurchases and dividends.

A registration statement relating to the offering of the 2023 Notes has been filed with the United States Securities and Exchange Commission and is effective.

About Limited Brands:

Limited Brands, through Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel, is an international company. The company operates 2,647 specialty stores in the United States and its brands are sold in about 800 company-operated and franchised locations world-wide.

Limited Brands


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