Neiman Marcus finalizes redemption date of outstanding Senior Notes

08 Oct '05
1 min read

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

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,

Recommended

Advanced Search