Loehmann's gets no tenders in change of control offer for floaters, 12% notes, 13% notes

By Jennifer Chiou

New York, Sept. 8 - Loehmann's Capital Corp. said that no holders of its senior secured class A floating-rate notes due 2011, 12% senior secured class A notes due 2011 and 13% senior secured class B notes due 2011 tendered their securities in the company's change of control offer.

The offer ended at 5 p.m. ET on Sept. 5. It began on July 31.

Loehmann's Capital is a special purpose corporation formed for the purpose of issuing the notes and entering into a sale-leaseback financing transaction with a subsidiary of Loehmann's Holdings, Inc.

Wells Fargo Bank, NA was the paying agent (800 344-5128).

Loehmann is a Bronx, N.Y., upscale off-price specialty retailer for women.

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