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Market Overview

Foot Locker Raises $400M Via Debt Offering

Foot Locker Raises $400M Via Debt Offering
  • Foot Locker Inc (NYSE: FL) has announced the pricing of a private offering of $400 million of its 4.000% Senior Notes due 2029.
  • The Notes are priced at 100% of the principal amount. The offering is expected to close on October 5, 2021.
  • Foot Locker intends to use the net proceeds from the offering for general corporate purposes.
  • Price Action:  FL shares are trading lower by 2.11% at $48.35 in premarket on the last check Thursday.

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