Attached files
file | filename |
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EX-99.1 - EX-99.1 - CLAIRES STORES INC | g26089exv99w1.htm |
8-K - FORM 8-K - CLAIRES STORES INC | g26089e8vk.htm |
Exhibit 99.2
NEWS BULLETIN
RE: CLAIRES STORES, INC.
2400 WEST CENTRAL ROAD, HOFFMAN ESTATES, ILLINOIS 60192
RE: CLAIRES STORES, INC.
2400 WEST CENTRAL ROAD, HOFFMAN ESTATES, ILLINOIS 60192
Claires Stores, Inc. Announces
Offering of Senior Secured Second Lien Notes Due 2019
Offering of Senior Secured Second Lien Notes Due 2019
CHICAGO, Illinois, February 11, 2011. Claires Stores, Inc. (the Company) today announced that
it intends to offer senior secured second lien notes due 2019.
The Company intends to use the net proceeds to reduce outstanding indebtedness under the Companys
current credit facility.
The notes are being offered only to qualified institutional buyers in reliance on Rule 144A under
the Securities Act of 1933, as amended (the Securities Act), and outside the United States only
to non-U.S. persons in reliance on Regulation S under the Securities Act. The notes have not been
and will not be registered under the Securities Act or any state securities laws and may not be
offered or sold in the United States absent registration or an applicable exemption from the
registration requirements of the Securities Act and applicable state securities laws.
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor
shall there be any sale of any of the notes in any jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or qualification under the securities
laws of any such jurisdiction.
Forward-looking Statements:
This press release contains various forward-looking statements which represent the Companys
current expectations or beliefs with respect to future events. Statements that are not historical
are considered forward-looking statements. These forward-looking statements are based on the
information available to, and the expectations and assumptions deemed reasonable by the Company at
the time this press release is issued. Although the Company believes that the assumptions
underlying such statements are reasonable, it can give no assurance that any further results or
events discussed in these statements will be achieved. These forward-looking statements are
subject to certain risks and uncertainties that could cause actual results to differ materially
from those anticipated. A description of such risks are included in the Companys Annual Report on
Form 10-K for the fiscal year ended January 30, 2010 filed with the SEC on April 13, 2010, and the
Companys other filings with the Securities and Exchange Commission (the SEC). The Company
undertakes no obligation to update or revise any forward-looking statements to reflect subsequent
events or circumstances.
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