CITY OF INDUSTRY, Calif., April 12, 2017 /PRNewswire/ -- HT Intermediate Holdings Corp. (the "Issuer"), the indirect parent company of Hot Topic, Inc. ("Hot Topic"), today announced that it plans to redeem its 12%/12.75% Senior PIK Toggle Notes due 2019 (the "Notes") on May 26, 2017.
The Notes will be redeemed on May 26, 2017 at a call price of 101.5% of the principal amount of the notes redeemed, plus accrued and unpaid interest thereon, subject to the satisfaction of the condition set forth in the attached copy of the notice of redemption.
A copy of the notice of redemption provided to the holders of the Notes and The Bank of New York Mellon Trust Company, N.A., in its capacity as trustee under the indenture governing the Notes, is attached hereto.
This press release shall not constitute a notice of redemption of the Notes.
HT Intermediate Holdings Corp.
HT Intermediate Holdings Corp. is the indirect parent company of Hot Topic, Inc. Hot Topic, Inc. is a mall- and web- based specialty retailer of music/pop culture-influenced and licensed apparel and accessories targeting 18-to 24 year-old men and women.
Contact for HT Intermediate Holdings Corp.:
Michael Freitag or Arielle Rothstein
Joele Frank, Wilkinson Brimmer Katcher
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ht-intermediate-holdings-corp-to-redeem-its-121275-senior-pik-toggle-notes-due-2019-300439057.html
SOURCE HT Intermediate Holdings Corp.