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 * Pro Bankruptcy Distress


BED BATH & BEYOND MAKES DEBT-EXCHANGE OFFER TO BOOST FINANCES


THE HOME-GOODS CHAIN OFFERED TO EXTEND A SERIES OF DEBT MOSTLY AT A DISCOUNT TO
REDUCE ITS FINANCIAL BURDENS AS IT TRIES TO TURN AROUND ITS BUSINESS

BED BATH & BEYOND COULD FACE ANOTHER CASH CRUNCH IF IT CAN’T REVERSE A DROP IN
SAME-STORE SALES.

Photo: David Paul Morris/Bloomberg News
By
Jodi Xu Klein
Updated Oct. 18, 2022 5:49 pm ET

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Bed Bath & Beyond Inc. made a debt-exchange offer as the home-goods chain looks
to ease its financial burdens amid a sales drop.

The series of exchanges will help extend debt maturities and reduce interest
expenses, the retailer said Tuesday in a filing with the Securities and Exchange
Commission.


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