Genesco Inc. has entered into separate exchange agreements whereby it will acquire and retire $56.4 million in aggregate principal amount of its 4.125% Convertible Subordinated Debentures due June 15, 2023 in exchange for the issuance of 3,066,713 shares of its common stock, which include 2,811,575 shares that were reserved for conversion of the Debentures and 255,138 newly-approved shares, and the payment of accrued interest. After completion of the exchange, $29.8 million aggregate principal amount of Debentures will remain outstanding.
