Business Services Industry
Leslie's Poolmart Inc. Announces Extension of the Expiration Date of Its Offer to Exchange Registered Senior Notes for Unregistered Senior Notes
Business Wire, August 27, 1997
CHATSWORTH, Calif.--(BUSINESS WIRE)--Aug. 27, 1997--Leslie's Poolmart Inc. Wednesday announced that it is extending the expiration date of its offer to exchange its $90 million of registered 10-3/8 percent senior notes due 2004 for any and all outstanding unregistered 10-3/8 percent senior notes due 2004.
The new expiration date will be Friday, Oct. 10, 1997.
The exchange of the notes is pursuant to a previously announced agreement between Leslie's Poolmart Inc. and BT Securities Corp. In that agreement, the company agreed to register and exchange a total of $90 million of 10-3/8 percent senior notes due 2004 on or prior to approximately Nov. 11, 1997. The notes, which have already been registered, are expected to be exchanged well before the new expiration date.
Founded in 1963, Leslie's Poolmart is the country's leading specialty retailer of swimming pool supplies and related products. The company currently markets its products through 278 retail stores in 27 states and a nationwide mail-order catalog.
CONTACT: Leslie's Poolmart Inc., Chatsworth
Brian P. McDermott/Robert D. Olsen, 818/993-4212
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