GameStop Completes Voluntary Early Redemption of Senior Notes
May 03 2021 - 6:45AM
GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today
announced that on April 30, 2021 it completed its voluntary early
redemption of $216.4 million in principal amount of its 10.0%
Senior Notes due 2023. This voluntary early redemption covered the
entire amount of the outstanding 10% Senior Notes, which
represented all of the Company’s long-term debt.
About GameStop
GameStop, a Fortune 500 company headquartered in
Grapevine, Texas, is a leading specialty retailer offering games
and entertainment products through its ecommerce properties and
thousands of stores. Visit www.GameStop.com to explore
our products and offerings. Follow @GameStop and @GameStopCorp on
Twitter and find us on Facebook
at www.facebook.com/GameStop.
Cautionary Statement Regarding
Forward-Looking Statements - Safe Harbor
This press release contains “forward looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These forward-looking statements generally,
including statements about expected benefits from debt reduction,
include statements that are predictive in nature and depend upon or
refer to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made,
and the Company undertakes no obligation to update any of them
publicly in light of new information or future events. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors. More
information, including potential risk factors, that could affect
the Company’s business and financial results are included in the
Company’s filings with the SEC including, but not limited to, the
Company’s Annual Report on Form 10-K for the fiscal year ended
January 30, 2021, filed with the SEC on March 23, 2021. All
filings are available at www.sec.gov and on the Company’s
website at www.GameStop.com.
Contacts
GameStop Investor Relations 817-424-2001
investorrelations@gamestop.com
GameStop Public Relations Joey Mooring
joeymooring@gamestop.com
or
Profile Greg Marose / Charlotte Kiaie
gamestop@profileadvisors.com
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