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Caleres Announces Pricing of Senior Notes Offering

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ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL)(caleres.com) announced today it priced an offering of $200 million aggregate principal amount of its 6.250% Senior Notes due 2023 in a private placement. The offering is expected to close on or about July 27, 2015, subject to market and other conditions. The notes will be guaranteed on a senior unsecured basis by each of its subsidiaries which is a borrower or guarantor under the company’s existing revolving credit facility. The company estimates

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