PEMBROKE PINES, Fla., Feb. 27 /PRNewswire/ -- Claire's Stores, Inc., a
leading specialty retailer offering value-priced jewelry and accessories,
today announced the successful closing of its offer to exchange any and all
of its outstanding unregistered $250,000,000 aggregate principal amount of
9.25% Senior Notes due 2015, $350,000,000 aggregate principal amount of
9.625%/10.375% Senior Toggle Notes due 2015 and $335,000,000 aggregate
principal amount of 10.50% Senior Subordinated Notes due 2017
(collectively, the "Notes") for a like amount of 9.25% Senior Notes due
2015, 9.625%/10.375% Senior Toggle Notes due 2015 and 10.50% Senior
Subordinated Notes due 2017 which have been registered with the Securities
and Exchange Commission (the "SEC").
All of the Company's outstanding unregistered Notes have been
exchanged.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any state or jurisdiction in which such offer, solicitation
or sale would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
Company Overview
Claire's Stores, Inc. is a leading specialty retailer of value-priced
jewelry and accessories for girls and young women through its two store
concepts: Claire's and Icing. While the latter operates only in North
America, Claire's operates internationally. As of February 2, 2008,
Claire's Stores, Inc. operated 3,040 stores in the United States, Canada,
Puerto Rico, the Virgin Islands, the United Kingdom, Ireland, France,
Switzerland, Austria, Germany, Spain, Portugal, Belgium, and the
Netherlands. Claire's Stores, Inc. operates through its subsidiary,
Claire's Nippon, Co., Ltd., 198 stores in Japan as a 50:50 joint venture
with AEON, Co., Ltd. The Company also franchises 166 stores in the Middle
East, Turkey, Russia, Poland, and South Africa.
Additional Information:
Note: Other Claire's Stores, Inc. press releases, a corporate profile
and the most recent Annual Report on Form 10-K and Form 10-Q Equivalent are
available on Claire's business website at: http://www.clairestores.com.
Contact Information:
Marisa F. Jacobs, Vice President of Corporate Communications and
Investor Relations
Phone: (212) 594-3127, Fax: (212) 244-4237 or Email at
marisa.jacobs@claires.com
SOURCE Claire's Stores, Inc.
 back to top
Related links:
http://www.clairestores.com
http://www.prnewswire.com/comp/174913.html /
CONTACT:
Marisa F. Jacobs, Vice President of Corporate
Communications and Investor Relations, Claire's Stores, Inc.,
+1-212-594-3127, Fax, +1-212-244-4237, marisa.jacobs@claires.com
|
