Fossil's $150M note restructuring plan approved by 99.99% of creditors; court hearing Nov 10

Fossil Group, Inc.

Restructuring plan for $150M 7.00% Senior Notes due 2026 approved under UK Part 26A.
82.88% of noteholders by value were present; 99.99% by value voted in favour.
Only one creditor voted against (0.01% by value).
Sanction Hearing before High Court expected on November 10, 2025.
Plan aims to strengthen balance sheet and address going-concern risks.

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