By  on March 11, 2013

Iconix Brand Group Inc. plans to offer, subject to market conditions, a $325 million aggregate principal amount of convertible senior subordinated notes due in 2018 in a private offering to institutional buyers.

Iconix said it expects to use the net proceeds from the offering in part to fund the repurchase of up to $75 million of its common stock in privately negotiated transactions, as well as for general corporate purposes that could include investing in or acquiring new brands.

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