BRIEF-Container Store Group Advanced Discussions With Lenders Under Existing Term Loan Credit Agreement To Provide Additional Capital To Support Co

Reuters11-21

Nov 21 (Reuters) - Container Store Group Inc :

* CONTAINER STORE GROUP - ADVANCED DISCUSSIONS WITH LENDERS UNDER EXISTING TERM LOAN CREDIT AGREEMENT TO PROVIDE ADDITIONAL CAPITAL TO SUPPORT CO

* CONTAINER STORE-DOES NOT EXPECT CONDITIONS TO CLOSING IN SPA WITH BEYOND WILL BE SATISFIED OR DEAL WILL BE CONSUMMATED ON PREVIOUSLY DISCLOSED TERMS

* CONTAINER STORE - REMAINS FOCUSED ON SUCCESSFUL EXECUTION OF ITS STRATEGIC INITIATIVES

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