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    Brief: Gamestop Announces Private Exchange Of $1.4 Billion Of Convertible Senior Notes For Equity

    Picture of GameStop logoGameStop
    03/08/2026 13:37
    BRIEF-Gamestop Announces Private Exchange Of $1.4 Billion Of Convertible Senior Notes For Equity
    Aug 3 (Reuters) - GameStop Corp GME.N:
    • GAMESTOP ANNOUNCES PRIVATE EXCHANGE OF $1.4 BILLION OF CONVERTIBLE SENIOR NOTES FOR EQUITY
    • GAMESTOP CORP - EXISTING NOTEHOLDERS TO EXCHANGE $400 MILLION 2030 NOTES AND $1 BILLION 2032 NOTES
    • GAMESTOP CORP - WILL NOT RECEIVE CASH PROCEEDS FROM COMMON STOCK ISSUANCE
    • GAMESTOP CORP - EXCHANGE EXPECTED TO CLOSE ON OR ABOUT SEPTEMBER 23, 2026
    • GAMESTOP CORP - TO REDUCE LONG-TERM DEBT BY $1.40 BILLION UPON EXCHANGE CLOSING
    Source text: ID:nBwq7Hv4a
    Further company coverage: GME.N

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

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