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Published on 2/2/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Levi Strauss to redeem $800 million 5% senior notes due 2025

By Taylor Fox

New York, Feb. 2 – Levi Strauss & Co. plans to redeem $800 million of the $1 billion outstanding 5% senior notes due 2025 using proceeds from its $500 million new senior notes offering and cash on hand, according to a news release.

The company will also pay all related fees and expenses.

Levi Strauss is a San Francisco-based apparel and jeanswear company.


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