Steinway Completes Bond Redemption
WALTHAM, Mass., July 16, 2013
WALTHAM, Mass., July 16, 2013 /PRNewswire/ --Steinway Musical Instruments,
Inc. (NYSE: LVB), a global leader in the design, manufacture, marketing and
distribution of high quality musical instruments, today announced that it has
completed its previously announced redemption of $67.5 million in aggregate
principal amount of its 7% Senior Notes due 2014. With the completion of this
transaction, Steinway has repurchased or redeemed all of its long-term debt.
About Steinway Musical Instruments, Inc.
Steinway Musical Instruments, Inc., through its Steinway and Conn-Selmer
divisions, is a global leader in the design, manufacture, marketing and
distribution of high quality musical instruments. These products include Bach
Stradivarius trumpets, Selmer Paris saxophones, C.G.Conn French horns,
Leblanc clarinets, King trombones, Ludwig snare drums and Steinway& Sons
pianos. Through its online music retailer, ArkivMusic, the Company also
produces and distributes classical music recordings. For more information
about Steinway Musical Instruments,Inc. please visit the Company's website at
Company Contact: Investor Relations
Julie A. Theriault Harriet Fried/Jody
Steinway Musical Instruments, Inc. LHA
(781) 894-9770 (212) 838-3777
SOURCE Steinway Musical Instruments, Inc.
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