Fossil Group's UK subsidiary granted court order sanctioning restructuring plan for 7.00% Senior Notes due 2026

Fossil Group, Inc.

High Court of Justice of England and Wales sanctioned restructuring plan under Part 26A of UK Companies Act 2006 for Fossil's 7.00% Senior Notes due 2026.
Restructuring Plan cancels all existing 7.00% Senior Notes due 2026 and replaces them with 9.500% and 7.500% secured notes due 2029.
CEO Franco Fogliato stated the court decision is an important step to address debt maturity and support Fossil's turnaround plan.
Plan was initiated by subsidiary Fossil (UK) Global Services Ltd and involves cancellation and issuance of new secured notes.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud 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.