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Prospect News home > News index > List of issuers Tenders > Headlines for 2020 > News item
Published on 11/10/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

GameStop to redeem $125 million of 6¾% senior notes due 2021

By Cady Vishniac

Detroit, Nov. 10 – GameStop Corp. has announced that it will voluntarily redeem $125 million, or approximately 63%, of its outstanding 6¾% senior notes due 2021.

Notes will be redeemed at par plus accrued interest up to but excluding the redemption date, Dec. 11.

U.S. Bank NA will select notes for redemption by lot, on a pro rata basis or by using any other method the trustee considers fair.

The electronic game retailer is based in Grapevine, Tex.


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