Express, Inc. Announces Full Redemption Of Senior Notes Due 2018

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Express, Inc.
EXPR
, a specialty apparel and accessories retailer operating more than 600 retail and factory outlet stores, today announced that its wholly owned subsidiaries, Express, LLC and Express Finance Corp., have delivered a Notice of Redemption (the "Notice") to holders of their outstanding 8.750% Senior Notes due 2018 (the "Notes"). The Notice called for the redemption of the remaining $200.9 million aggregate principal amount of Notes currently outstanding. The redemption price of the Notes is 102.188% of the principal amount redeemed, which amount is equal to $1,021.88 per $1,000 principal amount, plus accrued and unpaid interest to, but not including, the redemption date, in accordance with the provisions of the indenture Additional information concerning the terms and conditions of the redemption are fully described in the Notice distributed to holders of the Notes. Beneficial holders with any questions about the redemption should contact their respective brokerage firm or financial institution. This press release is for informational purposes only and shall not constitute an offer to purchase the Notes or any other securities.
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