---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-047127"
form_type: "8-K"
ticker: "BURL"
cik: "0001579298"
company_name: "Burlington Stores, Inc."
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T22:10:51.728871+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Burlington Stores refinances $244M of debt with new 1.25% notes due 2027 and repurchases $25.8M stock

## Summary
- Exchanged ~$244M of existing 2.25% convertible notes due 2025 for ~$258M of new 1.25% convertible notes due 2027.
- Issued an additional ~$42.1M of new 1.25% notes in a private placement to certain investors.
- Expects to repurchase 165,975 shares of common stock at $155.42 per share (~$25.8M).
- Transaction lowers annual interest cost and extends debt maturity from 2025 to 2027.

## SEC filing metadata
- accession: 0000950170-23-047127
- form_type: 8-K
- ticker: BURL
- cik: 0001579298
- company_name: Burlington Stores, Inc.
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579298/000095017023047127/0000950170-23-047127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579298/000095017023047127/burl-20230907.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-047127
- JSON: https://secwatch.observer/filing/0000950170-23-047127.json
- Plain text: https://secwatch.observer/filing/0000950170-23-047127.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.