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August 04, 2015 12:23 AM ET

Healthcare Equipment and Supplies

Company Overview of Luxottica U.S. Holdings Corp.

Company Overview

Luxottica U.S. Holdings Corp. is a holding company operating through its subsidiary Sunglass Hut Trading, LLC that offers prescription frames and sunglasses. The company was incorporated in 1995 and is based in Port Washington, New York. Luxottica U.S. Holdings Corp. operates as a subsidiary of Luxottica Group SpA.

44 Harbor Park Drive

Suite 5

Port Washington, NY 11050

United States

Founded in 1995

Phone:

516-484-3800

Fax:

516-484-9010

Key Executives for Luxottica U.S. Holdings Corp.

Controller
Age: 49
Compensation as of Fiscal Year 2015.

Luxottica U.S. Holdings Corp. Key Developments

Luxottica Group SpA and Luxottica U.S. Holdings Corp. Announce Amendment to Existing Multicurrency Revolving Credit Facility

On March 5, 2014, Luxottica Group S.p.A. and its subsidiary, Luxottica U.S. Holdings Corp., entered into an amendment to the existing multicurrency revolving credit facility with a group of banks providing for loans in the aggregate principal amount of EUR 500 million in order to, among other things, extend the term of the agreement and modify the applicable interest rates. Under the amended agreement, amounts borrowed may be repaid and re-borrowed with all outstanding balances maturing on April 10, 2019. The Borrowers can select interest periods of one, three or six months with interest accruing (i) on Euro-denominated loans based on the corresponding EURIBOR rate and on U.S. dollar-denominated loans based on the corresponding LIBOR rate, both plus a margin of between 0.65% and 1.50% based on the company's long-term senior unsecured debt credit rating issued by Standard & Poor's Ratings Services.

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