Guitar Center Enters Agreement to Extend Debt Maturity

Guitar Center has entered into an agreement with investors representing more than 70% of its 8.5% senior secured notes due 2026 to exchange them for new first-lien senior secured notes due in 2029.

• Separately, co. announced that it has commenced an exchange offer and consent solicitation to all holders of its senior secured notes to effectuate the senior secured notes exchange
  • Expects the exchange to close in Aug. 2025

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Yi Wei Wong in Singapore at ywong264@bloomberg.net

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