Barnes & Noble Education Announces Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students
The refinanced ABL Facility will meaningfully enhance BNED’s financial flexibility and reduce its annual interest expense.
- The refinanced ABL Facility will meaningfully enhance BNED’s financial flexibility and reduce its annual interest expense.
- Additional information regarding the Transactions can be found in the Form 8-K to be filed with the SEC.
- Paul Hastings LLP is serving as legal advisor and Houlihan Lokey, Inc. and Berkeley Research Group, LLC are serving as financial advisors to BNED.
- Pillsbury Winthrop Shaw Pittman LLP is serving as legal advisor and BTIG LLC is serving as financial advisor to Immersion Corporation.