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Published on 9/15/2010 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

GameStop plans to retire senior notes with stock repurchase funds

By Marisa Wong

Madison, Wis., Sept. 15 - GameStop Corp. plans to retire its senior notes using $200 million of additional repurchase funds, according to a news release.

The company's board of directors authorized $500 million in additional repurchase funds. This program is incremental to the initial $300 million stock repurchase plan announced in January 2010, according to the release.

Based in Grapevine, Texas, GameStop is video game and entertainment software retailer.


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