Dress Barn Inc. (DBRN) announced final exchange ratio in connection with its offer to exchange its 2.50% convertible senior notes due 2024.
The company said it has determined that the exchange ratio for the offer is 55.3341 shares of Dress Barn common stock for each Note accepted for exchange.
The offer is scheduled to expire at the end of January 22, and is expected to settle on January 27.
Dress Barn noted that it is making the offer to reduce the amount of its outstanding debt and interest expense.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.