Iconix Completes $275M Securitization Transaction
June 24, 2013 at 08:14 AM EDT
Iconix Brand Group (Nasdaq: ICON ) today announced that certain of its subsidiaries have completed the issuance of the previously announced $275 million of senior secured notes (the "notes") in a private transaction under its existing securitization program. The notes will bear interest at 4.352% per annum, payable quarterly,