Dick's calls for redemption of $59M in 3.25% convertible notes due 2025

DICK'S SPORTING GOODS, INC.

Redemption of $59,127,000 aggregate principal of 3.25% Convertible Senior Notes due 2025 on April 18, 2023.
Redemption price at 100% of principal plus accrued interest; conversion rate increased by 0.1443 shares per $1,000.
Company to enter unwind agreements for convertible note hedge and warrant transactions, receiving shares to offset dilution.
Annual interest payments to be reduced by approximately $1.9 million after redemption.

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