American Apparel plans to sell secured notes for debt refinancing

By Paul A. Harris

Portland, Ore., March 6 - American Apparel, Inc. announced in a Wednesday press release that it intends to sell new senior secured notes via Rule 144A and Regulation S.

No deal size, syndicate names or timing were available at press time.

The Los Angeles-based vertically integrated clothing manufacturer plans to use the proceeds to refinance debt and for general corporate purposes.

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