Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Tenders > News item |
Yankee Candle to redeem 10¼%/11% notes due 2016, 9¾% notes due 2017
By Tali David
Minneapolis, Sept. 3 - Yankee Candle Co., Inc. delivered redemption notices for its $315 million of 10¼%/11% senior notes due 2016 of the company and Yankee Finance, Inc. and $188 million of Yankee Candle's 9¾% senior subordinated notes due 2017, according to an 8-K filed with the Securities and Exchange Commission.
The redemptions are conditioned on the closing of Jarden Corp.'s purchase of Yankee Candle Investments LLC.
If all the notes are not redeemed on the closing date of the transaction, Jarden has agreed to satisfy and discharge the notes.
Yankee Candle is a South Deerfield, Mass.-based designer, manufacturer, wholesaler and retailer of scented candles.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.