Burlington exchanges $81.9M of 1.25% convertible notes for cash and common stock

Burlington Stores, Inc.

Burlington entered private exchange agreements for $81,874,000 aggregate principal of its 1.25% Convertible Senior Notes due 2027.
Consideration consists of cash and shares of common stock; number of shares based on one-day VWAP on March 13, 2026.
Closing expected March 19, 2026, subject to customary closing conditions.
No additional cash payment for accrued interest on exchanged notes.

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