Limited Brand (LTD +3.6%) files to offer $750M worth of senior notes due 2022 and 2024 at...

|About: L Brands, Inc. (LB)|By:, SA News Editor

Limited Brand (LTD +3.6%) files to offer $750M worth of senior notes due 2022 and 2024 at unspecified interest rates. Limited, which had $3.54B in debt on its balance sheet as of Oct. 29, says it will use the proceeds for stock buybacks and general corporate purposes. Nonetheless, Limited's shares continue to move higher on account of its January sales report.