DICK'S Sporting Goods Announces the Expiration and Final Results of its Previously Announced Exchange Offer and Consent Solicitation for Foot Locker's Senior Notes Due 2029
1. DICK'S completed an exchange offer for Foot Locker's senior notes. 2. It accepted $381.9 million of Foot Locker Notes, facilitating financing. 3. Cash payment of $1 million was made for validly tendered notes. 4. Settlement for the new DICK'S Notes expected on September 11, 2025. 5. Changes in Foot Locker's indenture were also approved.