L Brands, Inc. (NYSE:LB) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.
L Brands, Inc. (NYSE:LB) Files An 8-K Entry into a Material Definitive Agreement
In connection with the Senior Notes Offering (as defined below), the Company entered into a Terms Agreement, dated as of June 5, 2019 (together with the Underwriting Agreement Basic Provisions attached thereto as Annex A, the “Underwriting Agreement”), by and among the Company, the guarantors and the underwriters named therein.
A copy of the Underwriting Agreement is attached hereto as Exhibit 1.1 and is incorporated by reference herein.
Item 8.01. Other Events.
Cash Tender Offers
On June 5, 2019, the Company issued a press release announcing its commencement of cash tender offers (the “Tender Offers”) for certain outstanding notes issued by the Company.
A copy of the press release announcing the cash tender offers is filed herewith as Exhibit 99.1 and is incorporated by reference herein.
2029 Notes Offering
On June 5, 2019, the Company announced and priced the public offering (the “Senior Notes Offering”) of $500 million aggregate principal amount of its 7.500% senior notes due 2029 (the “Senior Notes”). The Senior Notes are being offered to the prospectus dated January 29, 2019 (as amended and supplemented), which forms part of the Company’s shelf registration statement on Form S-3 (File No. 333-229414) filed with the Securities and Exchange Commission on January 29, 2019.
Copies of the press releases announcing (i) the Senior Notes Offering and (ii) the pricing of the Senior Notes Offering are filed herewith as Exhibit 99.2 and Exhibit 99.3, respectively, and incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
L Brands, Inc. Exhibit
EX-1.1 2 nc10001824x17_ex1-1.htm EXHIBIT 1.1 Exhibit 1.1 EXECUTION VERSION L BRANDS,…
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EX-1.1 2 nc10001824x17_ex1-1.htm EXHIBIT 1.1 Exhibit 1.1 EXECUTION VERSION L BRANDS,…
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About L Brands, Inc. (NYSE:LB)
L Brands, Inc. operates specialty retail business. The Company is focused on women’s intimate and other apparel, personal care and beauty categories. The Company operates through three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Victoria’s Secret segment includes PINK, which is the specialty retailer of women’s intimate and other apparel with collections, fragrances, supermodels and runway shows. Bath & Body Works segment is the specialty retailer of home fragrance and personal care products, including shower gels, lotions, soaps and sanitizers. Victoria’s Secret and Bath & Body Works International segment includes the Victoria’s Secret and Bath & Body Works company-owned and partner-operated stores outside of the United States and Canada. The Company operates the retail brands, which include Victoria’s Secret, Bath & Body Works, La Senza and Henri Bendel. Henri Bendel is an operator of over 30 specialty stores.