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Latest Press Releases

Shares of LB Up 72.5% Since Uptrend Call on Shares
- Comtex SmarTrend(R) - Thu Sep 17, 12:49PM CDT
Comtex SmarTrend(R) - CMTX
Thu Sep 17, 12:49PM CDT
SmarTrend identified an Uptrend for L Brands Inc (NYSE:LB) on July 15th, 2020 at $17.58. In approximately 2 months, L Brands Inc has returned 72.47% as of today's recent price of $30.32.
SmarTrend Watching for Potential Pullback in Shares of L Brands Inc After 1.51% Gain
- Comtex SmarTrend(R) - Thu Sep 17, 12:17PM CDT
Comtex SmarTrend(R) - CMTX
Thu Sep 17, 12:17PM CDT
L Brands Inc (NYSE:LB) traded in a range yesterday that spanned from a low of $29.15 to a high of $30.87. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $30.29 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
L Brands Announces Upsize of Previously Announced Tender Offers for 5.625% Senior Notes due 2022, 5.625% Senior Notes due 2023, 7.60% Notes due 2037 and 6.95% Exchange Debentures due 2033
- GlobeNewswire - Wed Sep 16, 4:21PM CDT
GlobeNewswire - CMTX
Wed Sep 16, 4:21PM CDT
L Brands, Inc. (NYSE: LB) announced today that, in connection with its offers (the "Tender Offers") to purchase for cash its outstanding (i) 5.625% Senior Notes due 2022 (the "2022 Notes"), (ii) 5.625% Senior Notes due 2023 (the "2023 Notes"), (iii) 7.60% Notes due 2037 (the "2037 Notes") and (iv) 6.95% Exchange Debentures due 2033 (the "2033 Notes" and, together with the 2022 Notes, the 2023 Notes and the 2037 Notes, the "Notes"), it is increasing the maximum aggregate purchase price (excluding accrued and unpaid interest) of the Notes that it will accept for purchase from the previously announced amount of $750 million to $1 billion (as amended herein, the "Maximum Aggregate Purchase Price"). Additionally, the company announced that it is conditioning its obligation to accept for purchase and to pay for any of the Notes in the Tender Offers on the receipt of the proceeds from an issuance of senior unsecured debt securities in an aggregate principal amount of at least $1 billion, on terms and subject to conditions reasonably satisfactory to the company, an increase from the previously announced condition that required such receipt of proceeds to result from an issuance of senior unsecured debt securities in an aggregate principal amount of at least $750 million (as amended herein, the "Financing Condition"). The other terms and conditions of the Tender Offers remain unchanged.
L Brands Prices Upsized $1 Billion Offering of 6.625% Senior Notes Due 2030
- GlobeNewswire - Wed Sep 16, 4:03PM CDT
GlobeNewswire - CMTX
Wed Sep 16, 4:03PM CDT
L Brands, Inc. (NYSE: LB) announced today that its previously announced offering to sell $750 million aggregate principal amount of senior notes due 2030 (the "2030 Notes") was upsized to an aggregate principal amount of $1 billion and priced with a coupon of 6.625% in a private placement offering to eligible purchasers. The 2030 Notes are guaranteed by each of the company's domestic subsidiaries that guarantees or is a borrower under its ABL Facility or guarantees or incurs any other material debt. The initial offering price of the 2030 Notes to investors will be 100% of their principal amount. The 2030 Notes are senior unsecured obligations. The offering is expected to close on September 30, 2020, subject to customary closing conditions.
L Brands Launches Tender Offers for 5.625% Senior Notes due 2022, 5.625% Senior Notes due 2023, 7.60% Notes due 2037 and 6.95% Exchange Debentures due 2033
- GlobeNewswire - Wed Sep 16, 6:40AM CDT
GlobeNewswire - CMTX
Wed Sep 16, 6:40AM CDT
L Brands, Inc. (NYSE: LB) announced today that it has commenced tender offers (the "Tender Offers") to purchase for cash its outstanding (i) 5.625% Senior Notes due 2022 (the "2022 Notes"), (ii) 5.625% Senior Notes due 2023 (the "2023 Notes"), (iii) 7.60% Notes due 2037 (the "2037 Notes") and (iv) 6.95% Exchange Debentures due 2033 (the "2033 Notes" and, together with the 2022 Notes, the 2023 Notes and the 2037 Notes, the "Notes") up to an aggregate principal amount that will not result in a maximum aggregate purchase price (excluding accrued and unpaid interest) that exceeds $750 million (the "Maximum Aggregate Purchase Price"), subject to the Sub-Cap (as defined below), the order of priority and proration provisions set forth in the Offer to Purchase described below. The maximum aggregate purchase price to be paid by the company for the 2037 Notes and 2033 Notes, excluding accrued but unpaid interest, is limited to $50 million (the "Sub-Cap"). In addition, simultaneously with the Tender Offers, we plan to optionally redeem all outstanding notes of our 6.625% Senior Notes due 2021.
L Brands Announces Proposed $750 Million Offering of Senior Notes Due 2030
- GlobeNewswire - Wed Sep 16, 6:40AM CDT
GlobeNewswire - CMTX
Wed Sep 16, 6:40AM CDT
L Brands, Inc. (NYSE: LB) announced today that it is offering to sell $750 million aggregate principal amount of senior notes due 2030 (the "2030 Notes") in a private placement offering to eligible purchasers, subject to market and other conditions. The Notes will be guaranteed by each of the company's domestic subsidiaries that guarantees or is a borrower under its ABL Facility or guarantees or incurs any other material debt and will be senior unsecured obligations.
L Brands Announces Partnership with Next PLC for Victoria's Secret UK
- GlobeNewswire - Mon Sep 14, 3:50PM CDT
GlobeNewswire - CMTX
Mon Sep 14, 3:50PM CDT
L Brands, Inc. (NYSE: LB) today announced a partnership with Next PLC (LON: NXT) for its company-owned Victoria's Secret business in the United Kingdom and Ireland ("Victoria's Secret U.K.").
L Brands Inc Shares Up 62.6% Since SmarTrend's Buy Recommendation (LB)
- Comtex SmarTrend(R) - Thu Sep 10, 12:21AM CDT
Comtex SmarTrend(R) - CMTX
Thu Sep 10, 12:21AM CDT
SmarTrend identified an Uptrend for L Brands Inc (NYSE:LB) on July 15th, 2020 at $17.58. In approximately 2 months, L Brands Inc has returned 62.63% as of today's recent price of $28.59.
SmarTrend Watching for Potential Rebound in Shares of L Brands Inc After 2.01% Loss
- Comtex SmarTrend(R) - Wed Sep 9, 12:09PM CDT
Comtex SmarTrend(R) - CMTX
Wed Sep 9, 12:09PM CDT
L Brands Inc (NYSE:LB) traded in a range yesterday that spanned from a low of $28.23 to a high of $29.04. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $28.88 on volume of 1.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
$8.26 Billion Worldwide Hand Sanitizer Industry to 2026 - Outbreak of COVID-19 is Driving the Market
- PR Newswire - PRF - Thu Sep 3, 3:45PM CDT
PR Newswire - PRF - CMTX
Thu Sep 3, 3:45PM CDT
, /PRNewswire/ -- The report has been added to offering.

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