Guitar Center Inc.’s indirect wholly owned subsidiary Guitar Center Escrow Issuer Inc. intends to offer, subject to market conditions and other considerations, $635 million in aggregate principal amount of senior secured notes due 2021 to “qualified institutional buyers” in a private transaction. The company intends to use the net proceeds from this offering, together with borrowings under the company’s $375 million senior secured asset-based revolving credit facility to redeem all of the company’s outstanding 6.5 percent Senior Secured Notes due 2019 and pay fees and expenses related to the Notes Offering, the Exchange Offer and an amendment and extension to the ABL Facility.

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