-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LjoRtrhjdmGeHoLys92kmNxCJRvciEgWnI+RVc0YSiLYqDnnO2EsmJxYA4djQX1s Fbt/zdyBld9U2W56/Pb4FQ== 0000950123-11-021386.txt : 20110303 0000950123-11-021386.hdr.sgml : 20110303 20110302204203 ACCESSION NUMBER: 0000950123-11-021386 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110303 DATE AS OF CHANGE: 20110302 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JONES GROUP INC CENTRAL INDEX KEY: 0000874016 STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', AND JUNIORS OUTERWEAR [2330] IRS NUMBER: 060935166 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-166566 FILM NUMBER: 11658161 BUSINESS ADDRESS: STREET 1: 1411 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 2126423860 MAIL ADDRESS: STREET 1: 1411 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10018 FORMER COMPANY: FORMER CONFORMED NAME: JONES APPAREL GROUP INC DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JONES GROUP INC CENTRAL INDEX KEY: 0000874016 STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', AND JUNIORS OUTERWEAR [2330] IRS NUMBER: 060935166 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1411 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 2126423860 MAIL ADDRESS: STREET 1: 1411 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10018 FORMER COMPANY: FORMER CONFORMED NAME: JONES APPAREL GROUP INC DATE OF NAME CHANGE: 19930328 FWP 1 y89846fwfwp.htm FWP fwp
ISSUER FREE WRITING PROSPECTUS
(RELATING TO PRELIMINARY PROSPECTUS SUPPLEMENT
DATED MARCH 2, 2011)
FILED PURSUANT TO RULE 433
REGISTRATION NUMBER 333-166566
THE JONES GROUP INC.
JONES APPAREL GROUP HOLDINGS, INC.
JONES APPAREL GROUP USA, INC.
JAG FOOTWEAR, ACCESSORIES AND RETAIL CORPORATION
$300,000,000 6.875% Senior Notes due 2019
Final Pricing Term Sheet
March 2, 2011
This Final Pricing Term Sheet is qualified in its entirety by reference to the Preliminary Prospectus Supplement. The information in this Final Pricing Term Sheet supplements the Preliminary Prospectus Supplement and supersedes the information in the Preliminary Prospectus Supplement to the extent inconsistent with the information in the Preliminary Prospectus Supplement.
     
Issuers:
  The Jones Group Inc.; Jones Apparel Group Holdings, Inc.; Jones Apparel Group USA, Inc.; JAG Footwear, Accessories and Retail Corporation
 
    
Securities:
  6.875% Senior Notes due 2019 (“Notes”)
 
    
Amount:
  $300,000,000 
 
    
Coupon (Interest Rate):
  6.875% 
 
    
Yield:
  6.875% 
 
    
Spread to Benchmark Treasury:
  380 bps
 
    
Benchmark Treasury:
  2.750% due February, 2019
 
    
Scheduled Maturity Date:
  March 15, 2019
 
    
Public Offering Price:
  100.00% plus accrued interest, if any, from March 7, 2011
 
    
Gross Proceeds:
  $300,000,000 
 
    
Underwriting Discount:
  2.00% of gross proceeds
 
    
Net Proceeds to Issuer before Estimated Expenses:
  $294,000,000 
 
    
Net Proceeds to Issuer after Estimated Expenses:
  $293,177,500 
 
    
Payment Dates:
  March 15 and September 15 of each year, commencing on September 15, 2011
 
    
Record Dates:
  March 1 and September 1 of each year

 

 

     
Redemption
       The Notes will be redeemable in whole at any time or in part from time to time, at the Issuers’ option, at a redemption price equal to the greater of:
 
    
 
       (1) 100% of the principal amount of the Notes then outstanding to be redeemed; or
 
    
 
       (2) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed discounted to the date of redemption at the applicable treasury rate, plus 50 basis points.
 
    
Change of Control Triggering Event:
  Upon the occurrence of a change of control triggering event (defined as a rating of lower than investment grade during a change of control trigger period), each holder of Notes will have the right to require the Issuers to purchase all or a portion of such holder’s Notes at a purchase price equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of purchase, subject to the rights of holders of Notes on the relevant record date to receive interest due on the relevant interest payment date.
 
    
CUSIP:
  48020U AA6
 
    
ISIN:
  US48020UAA60
 
    
Distribution:
  SEC Registered (Registration No. 333-166566)
 
    
Listing:
  None
 
    
Trade Date:
  March 2, 2011
 
    
Settlement Date:
  March 7, 2011 (T+3)
 
    
Underwriting
    
         
    Principal Amount  
Underwriter   of Notes  
Citigroup Global Markets Inc.
   $ 120,000,000  
J.P. Morgan Securities Inc.
     99,000,000  
Merrill Lynch, Pierce, Fenner & Smith Incorporated
     24,000,000  
SunTrust Robinson Humphrey, Inc.
     24,000,000  
Wells Fargo Securities, LLC
     24,000,000  
Goldman, Sachs & Co.
     9,000,000  
 
      
Total
   $ 300,000,000  
 
      
     
 
  Notes sold by the underwriters to the public will initially be offered at the initial public offering price set forth above. Any notes sold by the underwriters to securities dealers may be sold at a discount from the initial public offering price of up to 0.375% of the principal amount of the notes. Any such securities dealers may resell any notes purchased from the underwriters to certain other brokers or dealers at a discount from the initial public offering price of up to 0.25% of the principal amount of the notes. If all the notes are not sold at the initial offering price, the underwriters may change the offering price and the other selling terms
The Issuers have filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Issuers have filed with the SEC for more

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complete information about the Issuers and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, copies may be obtained from Citigroup Global Markets Inc. at the following address: Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, New York 11220 or by calling toll-free at: 800-831-9146.
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.

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