Your email has been successfully added to our mailing list.

×
0 0 0.00514450867052032 0.00514450867052032 0.00491329479768783 -0.046242774566474 -0.0404624277456647 -0.0404046242774567
Stock impact report

Burlington Stores, Inc. Announces Proposed Offering of Convertible Senior Notes

Burlington Stores, Inc. (BURL) 
Last burlington stores, inc. earnings: 3/5 06:45 am Check Earnings Report
US:NYSE Investor Relations: burlingtoninvestors.com
Company Research Source: GlobeNewswire
BURLINGTON, N.J., April 13, 2020 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL) (the “Company”) announced today that it has commenced a private offering of $700 million aggregate principal amount of convertible senior notes due 2025 (the “Notes”), subject to market and other conditions. The Company also intends to grant to the initial purchasers of the Notes an option to purchase up to an additional $105 million aggregate principal amount of the Notes. The Company intends to use the net proceeds from the offering of the Notes for general corporate purposes. The Notes will be senior, unsecured obligations of the Company and interest will be payable semi-annually in cash.Upon conversion, the Notes may be settled in shares of the Company common stock, cash or a combination of cash and shares of the Company common stock, at the Company’s election. The interest rate, initial conversion rate, offering price, and other terms are to be determined by negotiations between the Compa Show less Read more
Impact Snapshot
Event Time:
BURL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BURL alerts
Opt-in for
BURL alerts

from News Quantified
Opt-in for
BURL alerts

from News Quantified