Fossil group, inc. announces pricing of upsized $140 million offering of senior notes due 2026

Richardson, texas, nov. 03, 2021 (globe newswire) -- fossil group, inc. (nasdaq: fosl) (“fossil group” or the “company”) today announced the pricing of its underwritten registered public offering of $140 million aggregate principal amount of 7.00% senior notes due 2026 (the “notes”), representing a $15 million upsize from the previously announced offering. the company has granted the underwriters a 30-day option to purchase an additional $10.0 million aggregate principal amount of the notes in connection with the offering. the offering is expected to close on november 8, 2021, subject to customary closing conditions.
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