Men's Wearhouse Announces Senior Notes Offering To Fund Jos. A. Bank Deal

(RTTNews) - The Men's Wearhouse (MW) announced that it plans to issue an aggregate principal amount of up to $600 million of senior notes due 2022 in a private offering. The company intends to use the net proceeds from the offering to pay a portion of the approximately $1.8 billion purchase price for the acquisition of Jos. A. Bank Clothiers, Inc. (JOSB).

The company said the Notes will not be registered under the Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States absent registration under the Act or an applicable exemption from the registration requirements of the Securities Act of 1933 and applicable state securities laws.