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Neiman Marcus finalizes redemption date of outstanding Senior Notes

08
Oct '05
Nation's departmental store merchandiser The Neiman Marcus Group Inc ('Neiman Marcus') announced that it has called for redemption of its entire outstanding $125 million aggregate principal amount of 6.65 percent senior notes due 2008.

The redemption date has been set for November 7, 2005. The redemption price will be calculated as described in the denture governing the notes, based upon the yield to maturity of a reference Treasury Security. In accordance with the indenture, the redemption price will be computed on the third business day prior to the redemption date. In addition, Neiman Marcus will pay accrued and unpaid interest on the redeemed notes up to the redemption date.

Neiman Marcus operations include the Specialty Retail Stores segment and the Direct Marketing segment. The Specialty Retail Stores segment consists primarily of Neiman Marcus and Bergdorf Goodman stores. The Direct Marketing segment conducts both print catalog and online operations under the Neiman Marcus, Horchow, and Bergdorf Goodman brand names.

Neiman Marcus Group Inc


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