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-0.00523560209424084 -0.00261780104712048 0.0104712041884817 0.0104712041884817 0.0261780104712042 0.019476439790576 0.0183246073298429 0.0183246073298429
Stock impact report

Fossil Announces Grant of Sanction Order

Fossil Group, Inc. (FOSL) 
Last fossil group, inc. earnings: 11/6 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: fossilgroup.com/investors
Company Research Source: GlobeNewswire
RICHARDSON, Texas, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) (the “Company”) announced today that its subsidiary, Fossil (UK) Global Services Ltd (the “Plan Company”), has been granted an order from the High Court of Justice of England and Wales (the “Sanction Order”) sanctioning the restructuring plan under Part 26A of the UK Companies Act 2006 (as amended) (the “Restructuring Plan”) in respect of the 7.00% Senior Notes due 2026 issued by the Company (the “Notes”). Implementation of the Restructuring Plan will result in the cancellation in full of the Notes, the issuance by the Company of 9.500% First-Out First Lien Secured Senior Notes due 2029 and 7.500% Second-Out Second Lien Secured Senior Notes due 2029. Franco Fogliato, CEO said: “The High Court’s decision to sanction the Restructuring Plan is an important and advanced step as we look to address Fossil’s upcoming debt maturity and provide additional liquidity to support our turnaround plan.” “The F Show less Read more
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