Jo-Ann Stores to redeem its $47.5 million 7½% notes at par on March 1

By Susanna Moon

Chicago, Jan. 5 - Jo-Ann Stores Inc. will redeem its $47.5 million outstanding principal amount of 7½% subordinated notes due 2012, according to an 8-K filing with the Securities and Exchange Commission.

The company will pay par for the notes on March 1.

U.S. Bank (216 623-5976) is the trustee.

Jo-Ann is a Hudson, Ohio-based specialty retailer of crafts.

© 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.