GameStop Changes $1.4B Debt Exchange To Mix Of Stock And Cash
GameStop Corp. (NYSE:GME) ("GameStop") today announced that it has entered into amendments (the "Amendments") to its previously announced exchange agreements (the "Exchange Agreements") with
GameStop changed how it will pay back some money it owes—instead of just swapping old debt for new debt, it will now use a mix of stock shares and cash. When a company changes its payment plans like this, it can hint at how they're managing their money and what they think about their future.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.