Tailored Brands,Inc. (NYSE:TLRD) Files An 8-K Regulation FD Disclosure

ME Staff 8-k
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Tailored Brands,Inc. (NYSE:TLRD) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.

Certain members of the senior management team of Tailored Brands,Inc. (the “Company”) expect to conduct meetings with lenders on March20, 2018. The Company is giving notice of the fact that during the course of these meetings, the Company will be discussing the refinancing of both the floating and fixed rate tranches of its existing term loan (collectively, the “Term Loan”).

The Company expects to discuss a floating rate tranche of the Term Loan totaling $600 million, subject to a LIBOR floor of 1% per annum, plus an applicable margin ranging from 3.25% to 3.50% and an original issue discount of 0.50%. The Company expects to discuss a fixed rate tranche of the Term Loan totaling $300 million with a fixed rate of 6.0% to 6.25% and an original issue discount of 0.50%. The Company expects both the floating and fixed rate tranches of the Term Loan will mature in 2025 and contain customary call protections.

The information presented herein is intended to be furnished under Item 7.01 to Regulation FD and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Act, except as expressly set forth by specific reference in such filing.


About Tailored Brands,Inc. (NYSE:TLRD)

Tailored Brands, Inc. is a holding company of The Men’s Wearhouse, Inc. The Company is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product. It operates through two segments: Retail and Corporate Apparel. The Retail segment includes over four retail merchandising brands: Men’s Wearhouse/Men’s Wearhouse and Tux, Jos. A. Bank, Moores, and K&G. Specialty apparel merchandise offered by its retail merchandising concepts include suits, suit separates, sport coats, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men. Women’s career apparel, sportswear and accessories, such as shoes and children’s apparel, are offered at its K&G stores. The Corporate Apparel segment includes corporate apparel and uniform operations conducted by Twin Hill in the United States and Dimensions, Alexandra and Yaffy in the United Kingdom.

Tailored Brands,Inc. (NYSE:TLRD) Recent Trading Information

Tailored Brands,Inc. (NYSE:TLRD) closed its last trading session up +0.92 at 22.50 with shares trading hands.