Nuance redeems $331.2 million 2.75% convertible debentures due 2031

By Tali Rackner

Minneapolis, Nov. 3 – Nuance Communications, Inc. redeemed $331.2 million of its 2.75% senior convertible debentures due 2031, according to an 8-K filing with the Securities and Exchange Commission.

Following the Nov. 1 transaction, $46.7 million in aggregate principal amount of the debentures remains outstanding.

On or after Nov. 6, Nuance has the right to call for redemption some or all of the remaining convertibles, the filing said.

The issuer is a Burlington, Mass.-based provider of voice and language software.

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