Brief: Bebe Stores Inc Announces Refinancing, Acquisition Of Additional Buddy’S Franchise Locations
26/08/2021 15:00
Aug 26 (Reuters) - bebe stores inc BEBE.PK :
* BEBE STORES, INC. ANNOUNCES REFINANCING, ACQUISITION OF
ADDITIONAL BUDDY’S FRANCHISE LOCATIONS, AND INCREASE IN DIVIDEND
* BEBE STORES INC - BOARD AUTHORIZES 150% INCREASE IN
QUARTERLY
DIVIDEND TO $0.15 PER SHARE
* BEBE STORES INC - PROCEEDS OF FINANCING WERE USED TO
RETIRE ITS
EXISTING SECURED TERM LOAN OF $22 MILLION AND FOR ADDITIONAL
GROWTH CAPITAL PURPOSES.
Source text for Eikon: ID:nBw8MP8s2a
Further company coverage: BEBE.PK
((reuters.briefs@thomsonreuters.com;))
Recent news on bebe stores
See all newsBrief: Hilco Global And Tpg Angelo Gordon Launch Joint Venture To Invest In Consumer Ip And Brands In Partnership With Bluestar Alliance
Brief: Bebe Stores Sells Its Interests In Bebe And Brookstone Brands For $46.6 Million In Cash And Declares Special Dividend Of $2.00 Per Share
Brief: B. Riley Financial Increases Investment In Bebe
Brief: Bebe Stores Announces B. Riley’s Agreement To Purchase 3.7M Bebe Shares From Founder Manny Mashouf
Brief: Bebe Stores Inc Announces Refinancing, Acquisition Of Additional Buddy’S Franchise Locations