Latest News National Vision Holdings, Inc. Announces Repurchase of $100 Million of Convertible Notes By Staff Monday, November 13, 2023 12:15 AM DULUTH, Ga.—National Vision Holdings, Inc. (NASDAQ: EYE), the second largest optical retail company in the U.S. (by sales) with more than 1,400 stores in 44 states and Puerto Rico, announced that it has entered into agreements with certain of the holders of its 2.50 percent Convertible Senior Notes due 2025 to repurchase $100 million aggregate principal amount of the 2025 Notes for an aggregate cash repurchase price of $99.25 million. Melissa Rasmussen, chief financial officer of National Vision, said, “We are pleased to be in a position to complete this opportunistic repurchase, reducing our 2025 notes outstanding and further strengthening our balance sheet while leveraging our robust cash position."As we look ahead, we will continue to execute a disciplined capital allocation plan ensuring we are making prudent decisions that position the company for long-term growth while also delivering value to shareholders,” Rasmussen said.The transactions are expected to close on Nov. 14, 2023, subject to the satisfaction of customary closing conditions. Following such closings, $302.5 million principal amount of the 2025 notes will remain outstanding, from an initial issued principal balance of $402.5 million.