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L Brand's Victoria's Secret Seeks To Raise $500M Via Private Debt Offering
$L Brands Inc$ has announced its subsidiary, Victoria’s Secret & Co, is offering to sell $500 million in aggregate principal amount of senior unsecured notes due 2029 in a private offering.Victoria’s Secret will use the proceeds from the Notes offering, after deducting discounts and commissions to the initial purchasers of the Notes and estimated offering expenses, to fund a portion of a cash payment to L Brands.Pending completion of the Separation proceeds from the offering of the Notes will b
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- Couragesther·2021-06-30Respond please1Report
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