Burlington Stores to exchange $72.3M of 2.25% convertible notes for cash

Burlington Stores, Inc.

$72.3M aggregate principal of 2.25% Convertible Senior Notes due 2025 exchanged for cash.
Cash consideration based on VWAP of Burlington common stock over Dec 1-2 measurement period.
Exchange expected to close Dec 3, 2021, subject to customary closing conditions.
Transaction reduces outstanding convertible debt by $72.3M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.