Infinity calls $8.173 million 7% convertibles

By Caroline Salls

Pittsburgh, Feb. 25 - Infinity Inc. said it will redeem $8.173 million of its 7% subordinated convertible notes due 2007 on April 22 at a price of 102.8% of the principal amount plus accrued interest.

The redemption is in accordance with the provisions of the indenture governing the notes.

Infinity, through its wholly owned subsidiaries Infinity Oil & Gas of Wyoming Inc. and Infinity Oil and Gas of Texas Inc., is an independent energy company operating out of Denver and Chanute, Kan.

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