Tech Data Corporation Announces Redemption of 2.75% Convertible Senior Debentures Due 2026 and Put Option Notification

Tech Data Corporation TECD today announced that it will redeem all of its outstanding 2.75% Convertible Senior Debentures due 2026 on December 20, 2011 at a price equal to the principal amount of the Debentures to be redeemed plus accrued and unpaid interest, if any, on the redemption date, as provided for under the Debentures and the Indenture, dated as of December 20, 2006, between Tech Data and U.S. Bank National Association, as trustee.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsFinancing
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!