GameStop Looks to Become Debt-Free With Early Debt Retirement Plan

GameStop (NYSE: GME) ended 2020 with $216 million in long-term debt. But under an early redemption notice announced yesterday, the video game retailer said it will be retiring the notes at the end of the month.

That will leave GameStop debt-free and able to focus its resources on transforming into a primarily e-commerce driven retailer.

Image source: Getty Images.

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Source Fool.com