Iconix Refinances Looming Debt
ICON is exchanging $110 million of its 1.5% convertible notes due in Mar. 2018 for $125 million of 5.75% convertible notes that come due in 2023. The exchange brings the company back into compliance with the conditions of its delayed draw term loan under the existing senior credit facility which will allow it to borrow enough to retire the remaining $55 million or ... Log in to view full article.
