Daily News
From Home Furnishing Business
Conn's to Offer $250M in Private Senior Notes
June 23,
2014 by in Furniture Retailing, Industry, Store Openings 
Furniture, mattresses, electronics and appliance retailer Conn's Inc. (NASDAQ: CONN) plans to offer $250 million in senior notes in a private offering.
Proceeds from the offering will be used to repay a portion of current borrowings under the company's asset-based revolving credit facility.
In addition, the retailer opened its ninth store in Arizona Saturday. The 44,000-square-foot store is located in Phoenix.
Conn's is on a growth trajectory and has plans to open between 17 and 20 stores this year and in 2015.