secwatch.observer — SEC 8-K summary
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Issuer:     Burlington Stores, Inc. (BURL)
CIK:        0001579298
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001193125-26-105012
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579298/000119312526105012/0001193125-26-105012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579298/000119312526105012/burl-20260312.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-105012

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