LONG-TERM DEBT	6 Months Ended
Aug. 03, 2013
LONG-TERM DEBT
LONG-TERM DEBT	8. LONG-TERM DEBT On January 23, 2013, the Company issued a notice of partial redemption for $65,000 aggregate principal amount of its 10¼% Senior Notes due 2014 (the “2014 Notes”) at a cash redemption price equal to the principal amount plus accrued and unpaid interest. The redemption was completed on February 22, 2013. Unamortized deferred financing fees associated with the 2014 Notes were accelerated upon redemption and were recognized in loss on exchange/extinguishment of debt. On May 13, 2013, The Bon-Ton Department Stores, Inc. (the “Issuer”) commenced tender offers (the “Tender Offers”) to purchase all of its outstanding 2014 Notes and up to $223,000 aggregate principal amount of its outstanding 105/8% Second Lien Senior Secured Notes due 2017 (the “2017 Notes” and, together with the 2014 Notes, the “Notes”). On May 16, 2013, the Issuer priced $350,000 aggregate principal amount of its 8.00% Second Lien Senior Secured Notes due 2021 (the “2021 Notes”) at an issue price of 100%. On May 28, 2013, the Issuer issued $350,000 principal amount of its 2021 Notes. The 2021 Notes are guaranteed by, and are secured by a second-priority lien on substantially all of the current and future assets of, the Parent and certain of its subsidiaries, and will mature on June 15, 2021. Interest on the 2021 Notes is payable June 15 and December 15 of each year, commencing on December 15, 2013. A portion of the net proceeds from the sale of the 2021 Notes was used to purchase the Issuer’s outstanding Notes pursuant to the Tender Offers, which expired on June 10, 2013. The Issuer received tenders from holders of $30,059 principal amount of the 2014 Notes, representing 43.6% of the 2014 Notes outstanding, and $187,706 principal amount of the 2017 Notes, representing 56.9% of the 2017 Notes outstanding. The purchase included associated interest and tender premium. In addition, a portion of the net proceeds from the sale of the 2021 Notes was used to pay related fees and expenses associated with said sale. Such fees and expenses will be deferred and amortized as interest expense over the term of the 2021 Notes. Also on May 28, 2013, the Issuer gave irrevocable notices of redemption for (i) all 2014 Notes not tendered in the Tender Offers and (ii) $85,000 principal amount of the 2017 Notes. The Notes called for redemption were redeemed on June 27, 2013 at 100.0% of their principal amount plus accrued and unpaid interest. The purchase was effected using net proceeds from the sale of the 2021 Notes. As of June 27, 2013, the Company tendered or redeemed all of its outstanding 2014 Notes and $272,706 aggregate principal amount of its outstanding 2017 Notes. Fees, tender premium and accelerated amortization of deferred fees related to the tender and redemption of the Notes were recognized in loss on exchange/extinguishment of debt.

8. LONG-TERM DEBT

On January 23, 2013, the Company issued a notice of partial redemption for $65,000 aggregate principal amount of its 10¼% Senior Notes due 2014 (the “2014 Notes”) at a cash redemption price equal to the principal amount plus accrued and unpaid interest. The redemption was completed on February 22, 2013. Unamortized deferred financing fees associated with the 2014 Notes were accelerated upon redemption and were recognized in loss on exchange/extinguishment of debt.

On May 13, 2013, The Bon-Ton Department Stores, Inc. (the “Issuer”) commenced tender offers (the “Tender Offers”) to purchase all of its outstanding 2014 Notes and up to $223,000 aggregate principal amount of its outstanding 105/8% Second Lien Senior Secured Notes due 2017 (the “2017 Notes” and, together with the 2014 Notes, the “Notes”). On May 16, 2013, the Issuer priced $350,000 aggregate principal amount of its 8.00% Second Lien Senior Secured Notes due 2021 (the “2021 Notes”) at an issue price of 100%.

On May 28, 2013, the Issuer issued $350,000 principal amount of its 2021 Notes. The 2021 Notes are guaranteed by, and are secured by a second-priority lien on substantially all of the current and future assets of, the Parent and certain of its subsidiaries, and will mature on June 15, 2021. Interest on the 2021 Notes is payable June 15 and December 15 of each year, commencing on December 15, 2013.

A portion of the net proceeds from the sale of the 2021 Notes was used to purchase the Issuer’s outstanding Notes pursuant to the Tender Offers, which expired on June 10, 2013. The Issuer received tenders from holders of $30,059 principal amount of the 2014 Notes, representing 43.6% of the 2014 Notes outstanding, and $187,706 principal amount of the 2017 Notes, representing 56.9% of the 2017 Notes outstanding. The purchase included associated interest and tender premium.

In addition, a portion of the net proceeds from the sale of the 2021 Notes was used to pay related fees and expenses associated with said sale. Such fees and expenses will be deferred and amortized as interest expense over the term of the 2021 Notes.

Also on May 28, 2013, the Issuer gave irrevocable notices of redemption for (i) all 2014 Notes not tendered in the Tender Offers and (ii) $85,000 principal amount of the 2017 Notes. The Notes called for redemption were redeemed on June 27, 2013 at 100.0% of their principal amount plus accrued and unpaid interest. The purchase was effected using net proceeds from the sale of the 2021 Notes. As of June 27, 2013, the Company tendered or redeemed all of its outstanding 2014 Notes and $272,706 aggregate principal amount of its outstanding 2017 Notes. Fees, tender premium and accelerated amortization of deferred fees related to the tender and redemption of the Notes were recognized in loss on exchange/extinguishment of debt.