Ames Plans Debt and Equity Offerings.ROCKY HILL Rocky Hill, town (1990 pop. 16,554), Hartford co., central Conn., a suburb of Hartford, on the Connecticut River; settled c.1650, inc. 1843. Chemical coatings and synthetic textiles are made there. Rocky Hill was an important river port from 1700 to 1820. , Conn.--(BUSINESS WIRE)--April 5, 1999--Ames Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AMES) today announced that it has begun marketing a private offering of $200 million of seven-year senior notes. Proceeds from the offering, which is expected to be completed later this month, will be used to reduce outstanding bank borrowings. The notes are not being registered under the Securities Act of 1933 and may not be offered or sold in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , absent registration or an available exemption. Ames also announced that it has filed with the Securities and Exchange Commission a registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc a proposed public offering of additional shares of its Common Stock. The Company expects to realize proceeds from the offering of at least $100 million, which will be used for general corporate purposes. The number of shares to be offered was not specified and will depend on the prevailing market price at the time of the offering. Lehman Brothers and NationsBanc Montgomery Securities will act as joint lead managers of the underwriters. The registration statement with respect to the Common Stock offering has not yet become effective. The shares to be offered may not be sold, nor may offers to buy those shares be accepted, prior to the time the registration statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state. With over 450 stores, including the recently acquired Hills stores and certain former Caldor sites, located in 19 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Ames is a full-line discount retailer with annual sales of almost $4 billion. Ames offers a broad range of merchandise categories including family apparel, housewares house·wares pl.n. Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen. , domestics, electronics, ready-to-assemble and patio furniture, jewelry, craft and pet supplies, health and beauty care items, stationery, sporting goods, toys, seasonal products and more. For fax copies of Ames' most recent news releases, dial 1-800-925-7792. To find the location of the Ames store nearest you, dial 1-800-SHOP-AMES. http://www.AmesStores.com |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion