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Bed Bath & Beyond Amends Terms of Financial Initiative

Bed Bath & Beyond Amends Terms of Financial Initiative

by Mike Duff | Mar 14, 2023 | Retail Articles

As it continues to reconstruct its finances, Bed Bath & Beyond announced an amendment to its warrants to purchase Series A Convertible Preferred Stock previously issued on February 7 under which the company is temporarily adjusting its Price Failure threshold to...
Bed Bath & Beyond Amends Terms of Financial Initiative

Bed Bath & Beyond Arranges Payment To Help Revive Finances

by Mike Duff | Feb 22, 2023 | Featured News, Retail Articles

Bed Bath & Beyond announced a special record date of February 27 for payment of interest due as of February 1 on the company’s senior notes, characterizing that payment as a step in getting the company back on financial track. Interest previously due on...
Bed Bath & Beyond Amends Terms of Financial Initiative

Bed Bath & Beyond Losses Grow While It Considers Financial Alternatives

by Mike Duff | Jan 10, 2023 | Retail Articles

In a time period when observers and vendors wondered if a bankruptcy filing might be imminent, Bed Bath & Beyond instead affirmed that it is looking at all options in dealing with the company’s financial difficulties even as it announced third-quarter results that...
Bed Bath & Beyond Amends Terms of Financial Initiative

Bed Bath & Beyond Warns on Dimming Prospects

by Mike Duff | Jan 5, 2023 | Featured News, Retail Articles

Bed Bath & Beyond announced in a financial update that it might not be able to proceed as a “going concern” after recurring losses and negative cash flow from operations for the nine months ended November 26, 2022, as well as current cash and liquidity...
Bed Bath & Beyond Amends Terms of Financial Initiative

Bed Bath & Beyond Reaches Additional Note Holder Deal

by Mike Duff | Nov 14, 2022 | Featured News, Retail Articles

Bed Bath & Beyond announced it has entered into a second round of privately negotiated exchange agreements with several existing institutional note holders in a move to reduce long-term debt. The latest agreement exchanging debt for stock includes holders of its...
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