Home / Knowledge / News / Apparel/Garments / American Apparel extends senior notes exchange offer
American Apparel extends senior notes exchange offer
24
Jan '14
American Apparel, Inc. (the "issuer") announced that it has extended its offer to exchange its outstanding 13.0% Senior Secured Notes due 2020 for 13.0% Senior Secured Notes due 2020 that have been registered under the Securities Act of 1933, as amended (the "Exchange Offer").

The Exchange Offer, previously scheduled to expire at 5:00 p.m., New York City time, on January 22, 2014, will now expire at 5:00 p.m., New York City time, on February 11, 2014, unless further extended by the issuer.

All other terms and conditions of the Exchange Offer will remain in full force and effect. The terms and conditions of the Exchange Offer are set forth in a prospectus dated December 20, 2013.

The new notes are substantially identical to the notes for which they are being exchanged, except that the new notes will be registered under the Securities Act of 1933, as amended, and, as a result, the transfer restrictions and registration rights provisions applicable to the original notes will not apply to the new notes.

As of 5:00 p.m., New York City time, on January 22, 2014, approximately $205,825,000 in aggregate principal amount of the 13.0% Senior Secured Notes due 2020 had been validly tendered and not withdrawn in the Exchange Offer, including by means of guaranteed delivery. This amount represents approximately 99.92% of the outstanding 13.0% Senior Secured Notes due 2020.

American Apparel

Must ReadView All

Textiles | On 31st Aug 2016

SGGS & DKTE ink MoU on sharing academic knowledge

Nanded based Shri Guru Gobind Singhji Institute of Engineering and...

Textiles | On 31st Aug 2016

‘Pak textile sector has great ability to create employment’

Pervaiz Rashid, the Pakistan minister for information and...

Textiles | On 30th Aug 2016

Maharashtra, Telangana ratify GST Bill; tally 11

The state legislative assemblies of Maharashtra and Telangana today...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
August 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search