EX-99.1 2 f55619exv99w1.htm EX-99.1 exv99w1
         
Exhibit 99.1
(LEVI STRAUSS & CO. LOGO)
FOR IMMEDIATE RELEASE
             
Investor Contact:
  Roger Fleischmann   Media Contact:   Jeff Beckman
 
  Levi Strauss & Co       Levi Strauss & Co.
 
  (800) 438-0349       (415) 501-3317
 
  rfleischmann@levi.com       jbeckman@levi.com
Levi Strauss & Co. Prices Private Placement of Senior Notes
SAN FRANCISCO (April 28, 2010) – Levi Strauss & Co. announced today the pricing of €300.0 million aggregate principal amount of 3/4% senior notes due 2018 and $525.0 million aggregate principal amount of 7 5/8 % senior notes due 2020 in a private placement conducted pursuant to Rule 144A and Regulation S under the Securities Act of 1933. The principal amount of each series of notes was increased from the previously announced €275.0 million and $460.0 million. The sale of the notes is expected to close on May 6, 2010.
The senior notes have not been registered under the Securities Act of 1933, as amended, or any state securities laws, and unless so registered, may not be offered or sold in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Statements in this press release regarding the private offering of debt securities shall not constitute an offer to sell or a solicitation of an offer to buy any such securities.
This news release contains, in addition to historical information, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We have based these forward-looking statements on our current assumptions, expectations and projections about future events. We use words like “believe,” “will,” “will not,” “so we can,” “when,” “anticipate,” “intend,” “estimate,” “expect,” “project” and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements.
Investors should consider the information contained in our filings with the U.S. Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the fiscal year ended 2009, especially in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections. Other unknown or unpredictable factors also could have material adverse effects on our future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this news release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this news release.
We are not under any obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this news release to reflect circumstances existing after the date of this news release or to reflect the occurrence of future events even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized.
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