Levi Strauss starts one-week tender for $525 million of 6 7/8% notes

By Susanna Moon

Chicago, Feb. 21 – Levi Strauss & Co. began a cash tender offer for its $525 million principal amount of outstanding 6 7/8% senior notes due 2022.

The cash purchase price is $1,043.71 per $1,000 principal amount plus accrued interest to but excluding the settlement date of March 3.

The tender offer will end at 5 p.m. ET on Feb. 28.

Tendered notes may be withdrawn at any time before the offer ends.

BofA Merrill Lynch (888 292-0070 or 980 387-2113) is the dealer manager. Global Bondholder Services Corp. (212 430-3774, 866 470-4500 or gbsc-usa.com/Levi/) is the depositary and information agent.

Levi Strauss is a San Francisco-based apparel and jeanswear company.

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