Oxford Industries announces redemption of $105 million 11 3/8% notes

By Ashley Montgomery

Kansas City, Kan., June 15 - Oxford Industries Inc. will redeem all of its $105 million 11 3/8% senior secured notes due 2015, according to a news release.

The notes will be redeemed on July 16 for $110,972,400.

The company said it will fund the redemption with a draw on its revolving credit facility and cash on hand.

Oxford Industries is an Atlanta-based apparel design, sourcing and marketing company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.