Send to a Friend Share

Liz Claiborne (LIZ) to Offer $75M in Convertible Senior Notes

June 18, 2009 9:31 AM EDT
LIZ Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)

Revenue Growth %: -38.2%
Last night, Liz Claiborne, Inc. (NYSE: LIZ) announced that it intends to offer, subject to market and other conditions, $75 million principal amount of convertible senior notes due 2014. The Company expects to grant the initial purchasers in the offering an option to purchase up to an additional $15 million of notes to cover over-allotments, if any.

You May Also Be Interested In


Related Categories

Corporate News

Add Your Comment





Follow StreetInsider.com On Twitter