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&lt;p style="MARGIN: 0in 0in 0pt;"&gt;&lt;font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2"&gt;In July&amp;#160;2013, we signed a definitive agreement to acquire JA Holding,&amp;#160;Inc. (&amp;#8220;JA Holding&amp;#8221;), the parent company of the American clothing brand, Joseph Abboud&amp;#174;, for approximately $97.5 million in cash consideration, subject to certain adjustments.&amp;#160; The transaction closed on August&amp;#160;6, 2013.&lt;/font&gt;&lt;/p&gt;
&lt;p style="MARGIN: 0in 0in 0pt;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="MARGIN: 0in 0in 0pt;"&gt;&lt;font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2"&gt;On August&amp;#160;6, 2013, we borrowed $100.0&amp;#160;million under the term loan provision of our Credit Agreement to fund the acquisition of JA Holding.&amp;#160; The rate on the term loan is based on the monthly LIBOR rate plus 1.75%.&amp;#160; In conjunction with the loan, we also entered into an interest rate swap for $100.0&amp;#160;million, in which the variable rate payments due under the term loan will be exchanged for a fixed rate of 1.27%, resulting in a combined interest rate of 3.02%.&amp;#160; The interest rate swap qualifies for hedge accounting treatment under authoritative guidance which will result in changes in the fair value of the swap being recorded as an adjustment to comprehensive income within equity.&lt;/font&gt;&lt;/p&gt;
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