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