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Amazon to redeem $200 million 4¾% convertibles
New York, Oct. 24 - Amazon.com, Inc. said it will redeem $200 million principal amount of its 4¾% convertible subordinated notes due 2009 on Nov. 24.
The Seattle online retailer will pay 102.85% of the principal amount of notes redeemed plus accrued but unpaid interest.
Notes to be redeemed will be selected by lot.
After the redemption, there will be $1.05 billion principal amount of the notes outstanding, Amazon said.
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