AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Playtex Products, Inc. Announces Proposed Offering of Senior Secured Notes.

Business Wire

| January 30, 2004 | COPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Business Editors

WESTPORT, Conn.--(BUSINESS WIRE)--Jan. 30, 2004

Playtex Products, Inc. (NYSE: PYX) announced today plans to offer its senior secured notes in a Rule 144A offering. The gross proceeds from the offering are expected to be approximately $450 million. In connection with the offering of senior secured notes, Playtex also intends to enter into a new senior secured credit facility in an aggregate amount of approximately $150 million.

Playtex intends to use the proceeds from the offering of the senior secured notes and the borrowings under its new credit facility to repay and/or terminate commitments under its existing credit facility, to terminate its existing accounts receivables facility and to pay transaction fees and expenses. The proposed offering of senior secured notes and the other refinancing transactions are expected to close during February 2004.

The securities to be offered will not be registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.

Related articles from newspapers, magazines, journals, and more
Tesoro Petroleum Corporation Provides Pricing of Senior Secured Term Loans and...
Press release article from: Business Wire April 9, 2003 700+ words
...sale of $375 million in new senior secured notes and $200 million in new...existing long-term debt. The senior secured notes and senior secured term loans...facility. The $375 million senior secured notes will be issued at a discount...
Dune Energy Prices Private Offerings of $300 Million of Senior Secured Notes...
Press release article from: PR Newswire May 2, 2007 700+ words
...previously disclosed private offering of senior secured notes due 2012 (the "Senior Secured Notes") and senior redeemable convertible...pricing, Dune increased the amount of the Senior Secured Notes offered in the private offering from...
American Dairy, Inc. Restructures Outstanding 1% Guaranteed Senior Secured...
Press release article from: PR Newswire November 18, 2008 700+ words
...Convertible Notes due 2012 (the "Senior Secured Notes"). The restructuring provided...of all of the outstanding Senior Secured Notes exercised their right to...56 million of principal of Senior Secured Notes from the holders on a pro...
MTR Gaming Group Announces Settlement of Cash Tender Offer for Its 9-3/4%...
Press release article from: Business Wire August 12, 2009 700+ words
...announced offering of $250.0 million in aggregate principal amount of 12.625% senior secured notes due 2014 (the "Senior Secured Notes"). The Senior Secured Notes were issued at 95.248% of their aggregate principal amount. The Company...
Fitch Rates U.S. Industries' 11.25% Senior Secured Notes 'B'; Rating Outlook...
Press release article from: Business Wire February 14, 2003 700+ words
...Inc.'s (USI) 11.25% senior secured notes and its senior secured bank...rating on USI's 7.25% senior secured notes to 'B' from 'B-' and...rating on USI's 7.125% senior secured notes is withdrawn. From this...
AmerenUE's Senior Secured Notes Rated 'AA-' By Fitch Ratings.
Press release article from: Business Wire August 15, 2002 700+ words
...AmerenUE's new $173 million issue of senior secured notes. The senior secured notes will have a 10-year maturity and will...by a series of first mortgage bonds. The senior secured notes will cease to be secured by first mortgage...
U.S. Can Announces Completion of $125 Million of 10-7/8% Second Priority Senior...
Press release article from: PR Newswire July 22, 2003 700+ words
...million of its 10-7/8% senior secured notes due 2010. The notes are...facility. The second priority senior secured notes were offered in the United...Act. The second priority senior secured notes have not been registered...
Gastar Exploration Announces Closing of $100,000,000 12 3/4% Senior Secured...
Press release article from: Business Wire November 29, 2007 700+ words
...has completed the previously announced private placement of $100 million aggregate principal amount of 123/4% senior secured notes due 2012 at an issue price of 99.50% (the "Notes") in a private placement to qualified institutional buyers...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA