Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nyse  >  Ruby Tuesday, Inc.    RT   US7811821005

News SummaryMost relevantAll newsSector news 

Ruby Tuesday, Inc. : Announces Pricing of Offering of Senior Notes

05/07/2012 | 06:55pm US/Eastern

Ruby Tuesday, Inc. (the "Company") announced today that it had priced a private offering to eligible purchasers of $250 million of 7 5/8% Senior Notes due 2020 (the "Notes") at an offering price of 98.536% of the principal amount thereof. The proceeds from the sale of the Notes will be used to repay all outstanding indebtedness under the Company's revolving credit facility, to redeem all of its outstanding Series B senior notes, to pay off certain of its outstanding mortgage loan obligations and for general corporate purposes, including without limitation to opportunistically repurchase shares of its outstanding common stock and to pursue potential strategic acquisitions.

The Notes have not been registered under the Securities Act of 1933 or applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. The Company plans to offer and issue the Notes only to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States pursuant to Regulation S.

This press release is being issued pursuant to Rule 135c under the Securities Act of 1933, and is neither an offer to sell nor a solicitation of an offer to buy the notes or any other securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, the Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful.

Ruby Tuesday, Inc.
Greg Ashley, 865-379-5700

© Business Wire 2012
React to this article
Latest news on RUBY TUESDAY, INC.
07/02 RUBY TUESDAY : Entry into a Material Definitive Agreement, Financial Statements ..
06/30 RUBY TUESDAY : to Host Fourth Quarter Fiscal 2015 Earnings Conference Call
06/30 RUBY TUESDAY : Greensboro Ruby Tuesday robbed for second time in a month (Update..
05/21 RUBY TUESDAY : to Pay $100,000 to Settle EEOC Sex Discrimination Lawsuit
05/18 RUBY TUESDAY : Other Events (form 8-K)
05/08 RUBY TUESDAY : BRIEF: Collision blocks both lanes of Whiskey Road
04/10DJMARKET SNAPSHOT : U.S. Stock Futures Jolted Higher By Surging GE
04/10DJMARKET SNAPSHOT : U.S. Stock-futures Indexes Powered By GE Restructuring Plan
04/10DJMARKET SNAPSHOT : U.S. Stocks: Futures Ease With Lacker Speech, Apple Watch In F..
Duration : Period :
Ruby Tuesday, Inc. Technical Analysis Chart | RT | US7811821005 | 4-Traders
Income Statement Evolution
More Financials