Posted on March 9, 2010
Signet Jewelers Ltd announced Tuesday that it has made a $50.9 million prepayment at par to its note holders in accordance with its note purchase agreement as amended on March 18, 2009.
Following this prepayment, there are $229.1 million of notes outstanding.
Silverman Jewelry Consultants has provided over 6000 jewelers with strategic financial solutions to raise cash, sell excess or obsolete inventories and maximize the return on inventories whether closing an unprofitable location or retiring. For over 60 years, Silverman has helped thousands of jewelers achieve their financial objectives.
Jewelers Mutual was founded by jewelers in 1913 and remains the leading insurer for the jewelry industry.
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