Fifth & Pacific to purchase up to $125M in 2019 notes

|By:, SA News Editor

Fifth & Pacific (FNP +3.3%) commences a tender offer to purchase up to $125M of the company's 10.5% Senior Secured Notes due 2019 a purchase price of 100%.

The offer will be funded with $125M in net proceeds FNP received from its sale of the assets of ABG Juicy Couture.