Academy Sports prepays $100M term loan, expects $36M interest savings

Academy Sports & Outdoors, Inc.

Academy, Ltd. prepaid $100M of its senior secured term loan using cash on hand with no prepayment penalties.
Remaining outstanding principal balance is $195.5M after prepayment.
Company expects $36M interest savings over remaining loan term, including $8.5M in fiscal 2023.
Prepayment is part of capital allocation plan also including capex, dividends, and share repurchases.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 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.