American Eagle Outfitters Inc.

NYSE:AEO  
11.44
+0.26 (+2.33%)
Debt Financing / Related

Aeo Inc. Announces A Series Of Actions To Strengthen Capital Structure

Published: 06/03/2022 11:32 GMT
American Eagle Outfitters Inc. (AEO) - Aeo Inc. Announces a Series of Actions to Strengthen Capital Structure.
American Eagle Outfitters Inc - Enters Into Exchange Agreements for Outstanding Convertible Senior Notes Due 2025.
American Eagle Outfitters Inc - Announces $200 Million Accelerated Share Repurchase Program.
American Eagle Outfitters Inc - Pursuing Upsize and Extension of Abl Facility to Unlock Additional Liquidity.
American Eagle Outfitters Inc - 2025 Notes to Be Exchanged Represent Approximately $342 Million of Outstanding Principal Amount.
American Eagle Outfitters Inc - Following Exchange, About $70 Million in Aggregate Principal Amount Will Remain Outstanding.
American Eagle Outfitters Inc- Expects to Fund Cash Portion of Amounts Payable Under Exchange Agreements.