Ralph Lauren pricing $300 million five-year senior notes Thursday

By Aleesia Forni

Virginia Beach, Aug. 13 – Ralph Lauren Corp. is set to price a $300 million offering of five-year senior notes during Thursday’s session, according to a market source and a 424B5 filing with the Securities and Exchange Commission.

Joint bookrunners are Goldman Sachs & Co. and J.P. Morgan Securities LLC.

The issuer plans to use the proceeds for general corporate purposes.

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

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