Bed Bath & Beyond acquires loan participation in The Container Store for $6.46 million

Published 02/12/2025, 14:48
Bed Bath & Beyond acquires loan participation in The Container Store for $6.46 million

Bed Bath & Beyond, Inc. (NYSE:BBBY) disclosed Tuesday that it has purchased a participation interest in loans issued by The Container Store, Inc. under a term loan credit agreement. The aggregate purchase price for this participation was $6,461,843.09.

According to the company’s statement, the loans were originally issued pursuant to a credit agreement dated January 28, 2025, and later amended on September 15, 2025. The acquisition was made through a participation agreement for trades at or near par value.

Through this transaction, Bed Bath & Beyond will participate in the rights to receive interest payments and loan repayments, as well as any related rights or remedies associated with the credit agreement.

The company’s common stock and warrants to purchase shares of common stock are listed on the New York Stock Exchange under the symbols NYSE:BBBY and NYSE:BBBY WS, respectively.

This information is based on a statement included in a recent SEC filing.

In other recent news, Bed Bath & Beyond announced its acquisition of The Brand House Collective in a deal valued at approximately $26.8 million. The transaction will be an all-stock deal, with shareholders of The Brand House Collective receiving 0.1993 shares of Bed Bath & Beyond common stock for each share they hold. Meanwhile, Bed Bath & Beyond reported its third-quarter 2025 financial results, revealing a narrowed net loss and improved gross margin, although net revenue saw a year-over-year decline. The earnings per share and revenue figures fell short of analysts’ expectations.

Additionally, Bed Bath & Beyond appointed Rick Lockton as Executive Vice President and Chief Digital, Product, and Technology Officer, effective November 3, 2025. As part of his employment package, Lockton received restricted and performance stock units approved by the company’s Compensation Committee. He is tasked with leading the company’s digital transformation and product innovation strategy. These developments come amid efforts to integrate technology across partnerships and investments in emerging technologies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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