FRAMINGHAM, Mass.--(BUSINESS WIRE)--Apr. 29, 2013--
The TJX Companies, Inc. (NYSE: TJX), the leading off-price retailer of
apparel and home fashions in the U.S. and worldwide, today announced the
pricing of the public offering of $500 million aggregate principal
amount of notes due 2023. The notes will bear interest at a rate of
2.50% per annum, beginning May 2, 2013. The net proceeds from the sale
of the notes will be used for working capital and other general
corporate purposes.
Deutsche Bank Securities Inc., Barclays Capital Inc. and U.S. Bancorp
Investments, Inc. are acting as joint book-running managers. This
offering was made under an effective registration statement on file with
the Securities and Exchange Commission. This press release is not an
offer to sell nor is it an offer to buy any securities. Any offers to
sell, or solicitations to buy, will be made solely by means of a
prospectus and related prospectus supplement filed with the Securities
and Exchange Commission. Copies of the prospectus and prospectus
supplement relating to the notes may be obtained for free by visiting
EDGAR on the Securities and Exchange Commission website at http://www.sec.gov.
Alternatively, copies of the prospectus and prospectus supplement may be
obtained from any of the joint book-running managers by contacting
Deutsche Bank Securities Inc., 60 Wall Street, New York, New York 10005,
1-800-503-4611, prospectus.cpdg@db.com;
Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, New York 11717, 1-888-603-5847, barclaysprospectus@broadridge.com;
or U.S. Bancorp Investments, Inc., 214 N. Tryon St., Charlotte, North
Carolina 28202, 1-877-558-2607.
About The TJX Companies, Inc.
The TJX Companies, Inc. is the leading off-price retailer of apparel and
home fashions in the U.S. and worldwide. The Company operates 1,044 T.J.
Maxx, 909 Marshalls, 423 HomeGoods and 4 Sierra Trading Post stores as
well as SierraTradingPost.com
in the United States; 225 Winners, 89 HomeSense, and 21 Marshalls stores
in Canada; and 348 T.K. Maxx and 24 HomeSense stores in Europe. TJX’s
press releases and financial information are also available at www.tjx.com.
Important Information at Website
The Company routinely posts information that may be important to
investors in the Investor Information section at www.tjx.com.
The Company encourages investors to consult that section of its website
regularly.
Forward-looking Statement
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995: Various statements made in this release are forward-looking and
involve a number of risks and uncertainties. All statements that address
activities, events or developments that we intend, expect or believe may
occur in the future are forward-looking statements. The following are
some of the factors that could cause actual results to differ materially
from the forward-looking statements: execution of buying strategy and
inventory management; operational expansion and management of large size
and scale; customer trends and preferences; market, banner, geographic
and category expansion; marketing, advertising and promotional programs;
competition; personnel recruitment and retention and costs of labor;
global economic conditions and consumer spending; data security;
information systems and new technology; seasonal influences; adverse or
unseasonable weather; serious disruptions and catastrophic events;
corporate and banner reputation; merchandise quality and safety;
expanding international operations; merchandise importing; commodity
pricing; fluctuations in currency exchange rates; fluctuations in
quarterly operating results and market expectations; acquisitions,
business investments and divestitures; compliance with laws, regulations
and orders; changes in laws and regulations; outcomes of litigation,
legal matters and proceedings; tax matters; real estate activities; cash
flow and other factors that may be described in our filings with the
Securities and Exchange Commission. We do not undertake to publicly
update or revise our forward-looking statements even if experience or
future changes make it clear that any projected results expressed or
implied in such statements will not be realized.
Source: The TJX Companies, Inc.
The TJX Companies, Inc.
Sherry Lang
Senior Vice President
Global
Communications
(508) 390-2323