Brief: Barnes & Noble Education Successfully Completes Milestone Transactions

Barnes & Noble Education

11/06/2024 13:05

June 11 (Reuters) - Barnes & Noble Education Inc
 BNED.N :
    * BARNES & NOBLE EDUCATION SUCCESSFULLY COMPLETES MILESTONE
TRANSACTIONS TO SIGNIFICANTLY STRENGTHEN BALANCE SHEET AND
ADVANCE INDUSTRY LEADING SERVICES FOR INSTITUTIONS AND STUDENTS
    * BARNES & NOBLE EDUCATION INC: BNED RECEIVES $95 MILLION OF
NEW
EQUITY CAPITAL THROUGH $50 MILLION EQUITY INVESTMENT
    * BARNES & NOBLE EDUCATION INC: CONVERTS APPROXIMATELY $34
MILLION
OF SECOND LIEN DEBT TO EQUITY

Source text for Eikon:  ID:nBwbKp2qYa 
Further company coverage:  BNED.N 

 ((Reuters.Briefs@thomsonreuters.com;))