Wayfair Inc. has announced the repurchase of approximately $101 million in principal amount of its 3.50% Convertible Senior Notes due 2028. The transaction, valued at around $199 million plus accrued interest, is expected to settle on August 21, 2025. This move is part of Wayfair's ongoing strategy to manage its liabilities by reducing upcoming debt maturities and potential equity dilution. Following this repurchase, approximately $589 million of the 2028 Notes remain outstanding. The company may continue to explore further liability management options, depending on market conditions and its liquidity needs.
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