DICK'S Sporting Goods Extends Expiration Date for Foot Locker's 2029 Senior Notes Exchange Offer and Consent Solicitation

Written by Emily J. Thompson, Senior Investment Analyst

FL%

DKS-0.88%

Source: Yahoo Finance

Updated: Aug 26 2025

0mins

Source: Yahoo Finance

Exchange Offer Extension: DICK'S Sporting Goods has extended the expiration date for its exchange offer of Foot Locker's 4.000% Senior Notes due 2029 from August 29, 2025, to September 9, 2025.
Tendered Notes Information: As of August 26, 2025, approximately $379.7 million of Foot Locker Notes have been validly tendered, representing about 94.94% of the total outstanding amount.
Merger Conditions: The extension is contingent upon the completion of a merger where a subsidiary of DICK'S will merge with Foot Locker, making Foot Locker a wholly owned subsidiary of DICK'S.
Forward-Looking Statements: The announcement includes cautionary notes regarding forward-looking statements that may involve risks and uncertainties affecting future performance and results of both companies.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

DICK'S Sporting Goods Extends Expiration Date for Foot Locker's 2029 Senior Notes Exchange Offer and Consent Solicitation

About the author

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