Brookstone again extends offer to buy 12% second-lien notes due 2012

By Devika Patel

Knoxville, Tenn., Aug. 13 - Brookstone, Inc. announced a third extension to its wholly owned subsidiary Brookstone Co., Inc.'s offer to purchase for cash or exchange any and all outstanding 12% second-lien secured notes due 2012.

The offer expiration has been moved to 5 p.m. ET on Sept. 17, extended from Aug. 13. It was originally set to expire on June 4, but was pushed back to July 16.

The Merrimack, N.H., specialty retailer is also soliciting consents to amend the notes.

Holders who tendered prior to May 19 will receive the $800 per $1,000 principal amount total consideration. Those who tendered after will receive $770 per $1,000 principal amount of notes.

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