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BRIEF-Iconix reduces debt by $362 mln and completes the sale of the entertainment segment
2017年7月3日 / 中午12点08分 / 3 个月前

BRIEF-Iconix reduces debt by $362 mln and completes the sale of the entertainment segment

July 3 (Reuters) - Iconix Brand Group Inc

* Iconix reduces debt by $362 million and completes the sale of the entertainment segment

* Iconix Brand Group - Reduction of debt in conjunction with completion of previously reported sale of its entertainment segment for $345 million in cash

* Iconix Brand Group - Sale of entertainment segment included company’s 80% interest in peanuts brand and 100% interest in strawberry shortcake brand

* Iconix Brand Group Inc - Proceeds from the transaction,cash were used to pay down approximately $362 million principal amount of debt Source text for Eikon: Further company coverage:

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