Destination XL Group, Inc. Announces Transition to Nasdaq Global Market and the Early Prepayment of Long-Term Debt
Destination XL Group, Inc. (DXLG)
Last destination xl group, inc. earnings: 8/24 07:00 am
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US:NASDAQ Investor Relations:
investor.destinationxl.com
Company Research
Source: GlobeNewswire
CANTON, Mass., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (OTCQX: DXLG), the leading omni-channel specialty retailer of Big + Tall men’s clothing and shoes, today announced that shares of the Company’s stock are expected to begin trading on the Nasdaq Global Market (“Nasdaq”) under the symbol “DXLG” effective at market open on Wednesday, September 8, 2021. On September 3, 2021, the Company repaid in full its FILO (first-in, last-out) loan facility. In connection with the repayment, the FILO lender agreed to a reduction in the amount of the prepayment premium that otherwise would have been payable as a result of the Company’s early repayment. The Company paid a total of $18.6 million, including $17.5 million in principal, $1.1 million in accrued interest and prepayment premium, and related expenses. The FILO loan facility carried a minimum annual interest rate of 8.0% and had a maturity date of March, 2026. The prepayment of the FILO loan was from cash on-hand.
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News
- Destination XL Group Full Year 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Coon Rapids Welcomes DXL: A New Destination for Big + Tall Men's Apparel [Yahoo! Finance]Yahoo! Finance
- Destination XL Group, Inc. (NASDAQ:DXLG) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Destination XL Group, Inc. Reports Fiscal 2023 Fourth Quarter and Full-Year Financial Results [Yahoo! Finance]Yahoo! Finance
- Destination XL Group, Inc. Reports Fiscal 2023 Fourth Quarter and Full-Year Financial ResultsGlobeNewswire
DXLG
Sec Filings
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- DXLG's page on the SEC website