Bed Bath & Beyond Inc. Lifts Suspension of Planned Debt Reduction; Announces Offers to Purchase Up to $300 Million of Certain Outstanding Senior Notes

UNION, N.J., Aug. 10, 2020 /PRNewswire/ — Bed Bath & Beyond Inc. (Nasdaq: BBBY) (“Bed Bath” or the “Company”) announced today that, in light of current business and market conditions, it has lifted the suspension of planned debt reductions, which had been implemented in response to the economic and market conditions resulting from the COVID-19 pandemic.
The Company also announced today that it has commenced cash tender offers to purchase up to $300 million aggregate principal amount (the …

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