- Bed Bath & Beyond ( NASDAQ: BBBY ) has announced further extension of its offers to exchange any and all of its outstanding senior notes.
- Each of the exchange offers and consent solicitations, which were previously scheduled to expire at 11:59 p.m. ET on Dec 19, 2022 has been extended until 11:59 p.m. ET on Jan 4, 2023.
- The extension includes the offers to exchange 3.749% Senior Notes due 2024 for new 3.693% Senior Second Lien Secured Non-Convertible Notes due 2027 and/or new 8.821% Senior Second Lien Secured Convertible Notes due 2027; 4.915% Senior Notes due 2034 for new 12.000% Senior Third Lien Secured Convertible Notes due 2029 and, together with the New Second Lien Non-Convertible Notes and the New Second Lien Convertible Notes; and 5.165% Senior Notes due 2044 for New Third Lien Convertible Notes.
For further details see:
Bed Bath & Beyond announces another extension in exchange offers for debt securities