Burlington Coat Factory Warehouse has raised a total of $450 million through a sale of senior notes, Reuters reports. The size of the transaction was increased from an initially planned $400 million.
The bonds, which carry a coupon rate of 10%, will mature on Feb. 15, 2019. The joint book-running managers for the sale were Goldman Sachs, JP Morgan, Bank of America Merrill Lynch and Wells Fargo Securities.
