Academy Sports Issuing New Debt to Extend Maturities
ASO is issuing $500 million senior secured notes due in 2031, and plans to use the net proceeds to refinance its existing $400 million senior secured notes due Nov. 2027 and fully repay the remaining $85 million balance under its term loan B due Nov. 2027. As part of the transaction, Academy is expected to extend the maturities of its $1 billion ... Log in to view full article.
