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Published on 6/24/2010 in the Prospect News Convertibles Daily, Prospect News High Yield Daily and Prospect News Preferred Stock Daily.

Perry Ellis files $200 million shelf covering stock, debt, preferreds

By Devika Patel

Knoxville, Tenn., June 24 - Perry Ellis International, Inc. filed a $200 million shelf in an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, preferred stock, common stock and warrants, along with $30 million in common shares to be offered by selling shareholders.

The securities may be structured as convertibles.

Proceeds will be used for debt repayment, capital expenditures, working capital, other general corporate purposes and future acquisitions.

Perry Ellis is a Miami-based apparel company.


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