Business
Levi Strauss & Co. Prices Private Offering of Senior Notes
SAN FRANCISCO, July 15, 2025--Levi Strauss & Co. announced today the pricing of €475 million of its 4.000% senior notes due 2030 at par in a private offering conducted pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The sale of the notes is expected to close on July 29, 2025, subject to customary closing conditions.
About this update from Levi Strauss & Co
[{"type":"text","content":"SAN FRANCISCO, July 15, 2025--(BUSINESS WIRE)--Levi Strauss & Co. announced today the pricing of €475 million of its 4.000% senior notes due 2030 at par in a private offering conducted pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The sale of the notes is expected to close on July 29, 2025, subject to customary closing conditions.","length":408,"tagName":"p"},{"type":"text","content":"The company intends to use the net proceeds from the offering, together with cash on hand, to redeem in full its 3.375% senior notes due 2027 (the "2027 Notes") and pay fees and expenses related to the offering and the redemption of such outstanding notes.","length":266,"tagName":"p"},{"type":"text","content":"The notes are being offered pursuant only to an offering memorandum, dated July 14, 2025, as supplemented by a pricing supplement, dated July 15, 2025. The notes are not being registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or applicable state or foreign securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The notes will only be offered and sold to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act, outside the United States pursuant to Regulation S under the Securities Act and if resident in a Member State of the European Economic Area ("EEA"), to "qualified investors" within the meaning of Article 2(e) of Regulation 2017/1129/EU, as amended (the "EU Prospectus Regulation") and any relevant implementing measure in each Member State of the European Economic Area and (iii) if a resident of the United Kingdom of Great Britain and Northern Ireland ("UK"), to "qualified investor" within the meaning of the EU Prospectus Regulation as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended (the "UK Prospectus Regulation").","length":1370,"tagName":"p"},{"type":"text","content":"This press release is for informational purposes only and statements in this press release regarding the private offering of debt securities do not constitut...