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Nordstrom Inc announces pricing of offering of senior notes


Tuesday, 3 Dec 2013 06:08pm EST 

Nordstrom Inc:Says it priced a private offering to eligible purchasers of $400 million aggregate principal amount of 5.00% Senior Notes due 2044 at an offering price of 99.331% of the principal amount thereof.Says net proceeds from the issuance and sale of the New Notes will be approximately $393 million.Says net proceeds from the sale of the Notes will be used for general corporate purposes, including repayment or retirement of outstanding indebtedness due in 2014, financing of capital expenditures and working capital needs. 

Company Quote

68.93
0.54 +0.79%
21 Aug 2014