Michaels Stores, Inc. $500,000,000 8.000% Senior Notes due 2027 PURCHASE AGREEMENTPurchase Agreement • June 25th, 2019 • Michaels Companies, Inc. • Retail-hobby, toy & game shops • New York
Michaels Stores, Inc., a Delaware corporation (the “Issuer”), will issue and sell to the several parties named in Schedule I hereto (each an “Initial Purchaser” and, together, the “Initial Purchasers”) $500,000,000 aggregate principal amount of its 8.000% Senior Notes due 2027 (the “Securities”). The Securities will be issued by the Issuer pursuant to an indenture, to be dated as of July 8, 2019 (the “Indenture”), among the Issuer, the Guarantors (as defined herein) and U.S. Bank National Association, as trustee (the “Trustee”). The Securities will be guaranteed (the “Guarantees”) on a senior unsecured basis by each of the guarantors listed on Annex A-1 hereto (together, the “Guarantors”). Certain other terms used herein are defined in Section 17 hereof.
