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Levi Strauss & Co. Enters into Binding Commitment Letter to Sell $50 million of 12 1/4% Senior Notes to AIG Global Investment Corp. or its Affiliate.

Publication: Business Wire
Publication Date: 13-JAN-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--Jan. 13, 2003

Levi Strauss & Co. announced today that it has entered into a binding commitment letter to sell $50 million of 12 1/4% Senior Notes due 2012 to AIG Global Investment Corp. or its affiliate, which will be sold in accordance with a private placement under the Securities Act of 1933. The Senior Notes will rank equally with all of the company's other unsecured unsubordinated indebtedness and will...

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