J. Crew calls 16% notes

New York, Dec. 23 - J. Crew Group, Inc. said that J. Crew Intermediate LLC will redeem its remaining 16% senior discount contingent principal notes due 2008 issued in May 2003 on Jan. 24.

The New York-based retailer of women's and men's apparel, shoes and accessories will pay 107.5% of the accreted value of $949.90 per $1,000 principal amount.

There is currently $49.968 million of the notes outstanding.

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