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Academy Sports plans $500 million senior secured notes offering due 2031

PUBT·05/04/2026 12:22:12
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Academy Sports plans $500 million senior secured notes offering due 2031
  • Academy Sports & Outdoors announced a private offering of USD 500 million senior secured notes due 2031.
  • Net proceeds earmarked for redemption of outstanding senior secured notes due 2027, repayment of term loan borrowings, related fees, general corporate purposes.
  • Conditional redemption notice sent for all 2027 notes, setting May 14, 2026 as redemption date at 100% of principal value plus accrued interest.
  • Redemption conditioned on completion of at least USD 500 million notes offering by redemption date, with option to waive condition.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Academy Sports & Outdoors Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605040820PR_NEWS_USPR_____DA49726) on May 04, 2026, and is solely responsible for the information contained therein.