Iconix buys back $105 million of 2018 convertibles for cash, stock

By Susanna Moon

Chicago, Nov. 8 – Iconix Brand Group, Inc. repurchased about $105 million of its 2018 convertible notes at a discount for about $35 million of cash and 7,408,334 shares of the company's common stock.

The repurchases were made in the second and third quarters of 2016, according to a company earnings release for the third quarter and nine months ended Sept. 30.

The company is a New York-based owner, licenser and marketer of consumer brands.

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