Ralph Lauren planning senior notes sale due 2018

By Aleesia Forni

Virginia Beach, Va., Sept. 23 - Ralph Lauren Corp. is set to price an offering of senior notes due 2018, according to a 424B5 filing with the Securities and Exchange Commission.

Joint bookrunners are BofA Merrill Lynch and J.P. Morgan Securities LLC.

Ralph Lauren plans to use the proceeds for general corporate purposes, which may include the repayment of its €209.2 million 4.5% notes due Oct. 4, 2013.

Ralph Lauren is a New York-based company engaged in the design, marketing and distribution of lifestyle products.

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