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Michaels Uses $101 Million Tariff Refund to Cut Debt

The Apollo-owned retailer applies the windfall from tariff refunds to reduce its financial leverage.

1 publisher · 1 article · first seen 14 Sept 2026 · updated 2d ago

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  1. Apollo’s Michaels Uses $101 Million of Tariff Refund to Cut Debt Bloomberg Markets ·

In this story

  • Apollo Global Management Inc.
  • Michaels Cos.