Quiksilver to draw on existing loan to help fund Skis Rossignol purchase

By Sara Rosenberg

New York, June 30 - Quiksilver Inc. plans to use borrowings under its existing credit facility along with proceeds from a proposed $350 million senior notes offering to help fund its acquisition of Skis Rossignol SA, according to a company news release.

The company will also repay some outstanding debt.

Quiksilver is a Huntington Beach, Calif.-based designer, producer and distributor of clothing, accessories and related products.

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