DJO Incorporated Announces Offering of $230 Million of Second Priority Senior Secured Notes

SAN DIEGO--(BUSINESS WIRE)--DJO Global, Inc. (“DJO” or the “Company”) today announced that its indirect wholly owned subsidiaries, DJO Finance LLC (“DJOFL”), an indirect wholly owned subsidiary of DJO, and DJO Finance Corporation, a wholly owned subsidiary of DJOFL (“DJOFC” and together with DJOFL, the “Issuers”) intend to offer, in a private offering subject to market and other conditions, $230 million aggregate principal amount of second priority senior secured notes due 2018 (the “securities”). Obligations under the securities will be guaranteed by all existing and future domestic subsidiaries that guarantee the Company’s senior secured credit facilities and existing senior unsecured notes. The Company intends to use the net proceeds from the offering, along with proceeds from the issuance of a new senior secured term loan and a new revolving credit facility and cash on hand, to repurchase $210 million aggregate principal amount of the Issuers’ 10.875% senior notes due 2014, repay a portion of the existing term loans outstanding under its senior secured credit facilities, repay the loans outstanding under its existing revolving credit facility and pay related premiums, fees and expenses.