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Academy Sports plans $500M senior secured notes offering to refinance debt and redeem 2027 notes by May 14, 2026.

Company Fundamentals
04 May 2026
PRNewsWire
View Source
Neutral
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Academy Sports and Outdoors announced a private offering of $500 million in senior secured notes due 2031 to refinance existing debt. The proceeds will be used to redeem all outstanding 2027 senior secured notes, repay its term loan facility, and cover related expenses. The redemption of the 2027 notes is conditional on completing the new notes offering by May 14, 2026. This move aims to optimize Academy's debt structure and support its general corporate purposes.

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