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Dick's Sporting Goods Reports 92% Early Participation in Exchange Offer for Foot Locker Notes
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Dick's Sporting Goods Reports 92% Early Participation in Exchange Offer for Foot Locker Notes
Jun 23, 2025 5:10 AM

07:47 AM EDT, 06/23/2025 (MT Newswires) -- Dick's Sporting Goods (DKS) said Monday about 92.35% of Foot Locker's ( FL ) $400 million in outstanding senior notes due 2029 were tendered by the early participation deadline of June 20.

The consent payment for notes tendered by the early participation date will be approximately $2.71 per $1,000 in principal, the company said.

Holders who participate after the early deadline but before the Aug. 1 expiration will still receive the $30 premium in principal, but not the consent payment, Dick's said.

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