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Alliant holders exercise put options for $166,000 2.75% convertibles
By Angela McDaniels
Tacoma, Wash., Aug. 17 - Alliant Techsystems Inc. said the holders of $166,000 of its 2.75% convertible senior subordinated notes due 2024 opted to put their notes back to the company under a put option that expired at 11:59 p.m. ET on Friday.
The purchase price was par, and $279,763,000 principal amount of the convertibles remains outstanding.
Alliant is a Minneapolis-based aerospace and defense company.
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