Dick’s Sporting Goods, Inc. said in a regulatory filing it completed the conversion and redemption of its outstanding 3.25 convertible senior notes due 2025 and expected to reduce its annual interest payments by approximately $1.9 million.
On April 9, Dick’s called all its outstanding 3.25 percent convertible senior notes due 2025 for redemption on April 18. The aggregate principal amount of the Notes redeemed is $59.1 million.
