Brief: Designer Brands Plns To Repurchase Up To $100 Million Of Its Class A Common Shares Through Modified Dutch Auction Tender Offer

Designer Brands

08/06/2023 13:32

June 8 (Reuters) - Designer Brands Inc  DBI.N :
    * DESIGNER BRANDS INC. ANNOUNCES INTENT TO REPURCHASE UP TO
$100
MILLION OF ITS CLASS A COMMON SHARES THROUGH MODIFIED DUTCH
AUCTION TENDER OFFER
    * DESIGNER BRANDS - TO ENTER INTO $135 MILLION TERM LOAN
AGREEMENT
TO BE USED TO FUND OFFER WITH REMAINING AVAILABILITY TO BE USED
FOR CORPORATE PURPOSES

Source text for Eikon:  ID:nPn7Dv0fCa 
Further company coverage:  DBI.N