Home furnisher Ethan Allen offers $200mn ten-year senior notes
22 Sep '05
1 min read
One stop Home Furnishings Resource Ethan Allen Interiors Inc announced that it has launched a $200.0 million offering of ten-year senior notes. The offering is expected to be completed this month. The senior notes will be guaranteed on a senior unsecured basis by Ethan Allen and certain of its subsidiaries.
The Company intends to use the net proceeds from this offering to expand its retail network, invest in its manufacturing and logistics operations, and for other general corporate purposes.
The senior notes have not been, and will not be, registered under the Securities Act of 1933 (the 'Securities Act'), as amended, and may not be offered or sold in the United States absent such registration or an applicable exemption from the registration requirements of the Securities Act.
Home furnishing maker & retailer Ethan Allen is uniquely positioned to fulfill your needs. With more than 3,000 design consultants, more than 300 stores, state-of-the-art manufacturing facilities, experienced craftspeople, a strong retail network, and a well-balanced distribution system, it has maintained competitive edge while not losing sight of primary objective: to make decorating fun and easy.
marketing@alchempro.com
