Business
DICK'S Sporting Goods Announces Results of Early Participation in Exchange Offer and Consent Solicitation
DICK'S Sporting Goods, Inc. ("DICK'S") (NYSE: DKS), a leading U.S. based full-line omni-channel sporting goods retailer, today announced that, in connection with the previously announced offer to eligible holders to exchange (the "Exchange Offer") any and all outstanding notes issued by Foot Locker, Inc. ("Foot Locker") as set forth in the table below (the "Foot Locker Notes") for (1) up to $400,000,000 aggregate principal amount of new notes issued by DICK'S (the "DICK'S Notes") and (2) in cert
About this update from Dick's Sporting Goods Inc
[{"type":"text","content":"PITTSBURGH, June 23, 2025 /PRNewswire/ -- DICK'S Sporting Goods, Inc. ("DICK'S") (NYSE: DKS), a leading U.S. based full-line omni-channel sporting goods retailer, today announced that, in connection with the previously announced offer to eligible holders to exchange (the "Exchange Offer") any and all outstanding notes issued by Foot Locker, Inc. ("Foot Locker") as set forth in the table below (the "Foot Locker Notes") for (1) up to $400,000,000 aggregate principal amount of new notes issued by DICK'S (the "DICK'S Notes") and (2) in certain instances, cash, and the related consent solicitation by Foot Locker (the "Consent Solicitation") to adopt certain proposed amendments to the indenture governing the Foot Locker Notes (the "Proposed Amendments"), as of 5:00 p.m., New York City time, on June 20, 2025 (the "Early Participation Date"), according to Global Bondholder Services Corporation, the information agent for the Exchange Offer and Consent Solicitation, the following principal amount of Foot Locker Notes have been validly tendered and not validly withdrawn (and consents thereby validly given and not validly revoked):","length":1233,"tagName":"p"},{"type":"image","alt":"DICK'S Sporting Goods Logo. (PRNewsfoto/DICK'S Sporting Goods, Inc.)","displaySize":"","headline":null,"caption":"DICK'S Sporting Goods Logo. (PRNewsfoto/DICK'S Sporting Goods, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":164,"url":"https://media.zenfs.com/en/prnewswire.com/c88b9dd57279f4257b995cded011e3ab"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Bxg83lVZwMBfge7Wq3BDnw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI4OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/c88b9dd57279f4257b995cded011e3ab","width":400,"height":164}},"href":"https://mma.prnewswire.com/media/479785/DICKS_Sporting_Goods_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"2","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Title of Foot Locker Notes / CUSIP / ISIN No.","length":46,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"2","style":"PADDING-RIGHT:0.83em;PADDING-LEFT:0.17em;...