Brief: Barnes & Noble Education Enters Agreement With Key Financial Stakeholders

Barnes & Noble Education

28/07/2023 22:43

July 28 (Reuters) - Barnes & Noble Education Inc
 BNED.N :
    * BARNES & NOBLE EDUCATION ENTERS AGREEMENT WITH KEY
FINANCIAL
STAKEHOLDERS AND STRATEGIC PARTNERS TO STRENGTHEN FINANCIAL
POSITION AND SUPPORT GROWTH INITIATIVES
    * BARNES & NOBLE EDUCATION INC: IS ESTABLISHING A COMMITTEE
OF
BOARD OF DIRECTORS TO CONTINUE ONGOING REVIEW OF A BROAD RANGE
OF STRATEGIC ALTERNATIVES
    * BARNES & NOBLE EDUCATION INC - WITH THIS AGREEMENT,
COMPANY IS
WELL-POSITIONED TO CONTINUE SUPPORTING ACADEMIC INSTITUTIONS AND
CUSTOMER
    * BARNES & NOBLE EDUCATION: STRATEGIC OPTIONS INCLUDE
POTENTIAL
CAPITAL RAISES, ASSET DIVESTITURES OR SALE OF BUSINESS AS WELL
AS STANDALONE GROWTH PLANS
    * BARNES & NOBLE EDUCATION- AS PART OF DEAL , ESTABLISHING
COMMITTEE OF BOARD OF DIRECTORS TO CONTINUE ONGOING REVIEW OF
STRATEGIC ALTERNATIVES
    * BARNES & NOBLE EDUCATION INC: AGREEMENT WITH FINANCIAL
STAKEHOLDERS AND STRATEGIC PARTNERS ON TERMS OF A REFINANCING
    * BARNES & NOBLE EDUCATION: REFINANCING TERMS INCLUDE
EXTENDING
MATURITY OF DEBT FACILITIES, AMENDING SOME CREDIT COVENANTS,
MODIFYING SOME OTHER AGREEMENTS

Source text for Eikon:  ID:nBw3NGGkca 
Further company coverage:  BNED.N 

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