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Oxford Industries to fund tender offer with sale of new notes
By Paul A. Harris
St. Louis, June 15 - Oxford Industries, Inc. plans to bring an offering of new notes to help fund the tender for its outstanding 8 7/8% notes due 2011, according to a Monday press release.
Banc of America Securities, LLC and SunTrust Robinson Humphrey are the dealer managers for the tender, which expires on July 13.
The early consent date is June 26.
In addition to the new notes, Oxford Industries will draw upon its revolver to help fund the tender.
Oxford Industries is an Atlanta-based apparel design, sourcing and marketing company.
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