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Published on 1/31/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Rafaella to redeem $71.86 million 11¼% senior notes on Feb. 26

By Melissa Kory

Cleveland, Jan. 31 - Rafaella Apparel Group Inc. announced that it will redeem its $71,861,000 million of 11¼% senior notes due June 15, 2011.

The notes will be redeemed on Feb. 26 at 99.66% plus accrued interest to the redemption date.

Bank of New York Mellon is the redemption agent.

Rafaella makes women's career and casual sportswear separates and is based in New York.


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