New ETF Book by Larry Connors - Click here to read more
As of the Expiration Date, the Company has accepted valid tenders of Notes totaling EUR 90,804,000 in aggregate principal amount. The repurchase price for EUR 89,804,000 in aggregate principal amount of Notes accepted for purchase by the Company during the early participation period is EUR 950 per EUR 1,000 principal amount of Notes, which includes an early participation payment of EUR 40 per EUR 1,000 principal amount of Notes (the "Early Participation Payment"). The repurchase price for EUR 1,000,000 in aggregate principal amount of Notes accepted for purchase by the Company after the early participation period is EUR 910 per EUR 1,000 principal amount of Notes, which excludes the Early Participation Payment. After settlement and cancellation of the repurchased Notes, the Company will have repurchased and canceled EUR 90,804,000 of debt.
About Polo Ralph Lauren
Polo Ralph Lauren Corporation is a leader in the design, marketing and distribution of premium lifestyle products in four categories: apparel, home, accessories and fragrances. For more than 40 years, Polo's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Polo by Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren Collection, Black Label, Blue Label, Lauren by Ralph Lauren, RRL, RLX, Rugby, Ralph Lauren Childrenswear, American Living, Chaps and Club Monaco, constitute one of the world's most widely recognized families of consumer brands. For more information, go to http://investor.ralphlauren.com.
This press release contains certain "forward-looking statements" concerning current expectations about the Company's future results and condition, including revenues, store openings, gross margins, expenses and earnings. Forward-looking statements are based on current expectations and are indicated by words or phrases such as "anticipate", "estimate", "expect", "project", "we believe", "is or remains optimistic", "currently envisions" and similar words or phrases and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the future results, performance or achievements expressed in or implied by such forward-looking statements. These forward-looking statements are based largely on our expectations and judgments and are subject to a number of risks and uncertainties, many of which are unforeseeable and beyond our control. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: Polo Ralph Lauren Corporation
Polo Ralph Lauren Investor Relations James Hurley, 212-813-7862 or Corporate Communications Julie Berman, 212-583-2262
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