Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers P > Headlines for PerkinElmer, Inc. > News item |
Lattice calls 4¾% convertibles
New York, June 20 - Lattice Semiconductor Corp. said it will redeem its $172.3 million 4¾% convertible subordinated notes due 2006 on July 21.
The Hillsboro, Ore. programmable chipmaker will pay $1,037.66 per $1,000 principal amount of convertibles, made up of the redemption price of $1,027.10 plus $10.56 of accrued interest up to but not including July 21.
Holders may convert their notes into Lattice stock up to 5.00 p.m. ET on July 18 at a price of $20.72 per share. Lattice stock closed at $8.20 on Thursday.
PerkinElmer calls remaining 0% convertibles
New York, June 20 - PerkinElmer, Inc. said it will redeem its remaining zero-coupon convertible debentures due 2020 on August 7.
The Boston company said it will pay $554.41 per $1,000 principal amount at maturity for a total of $157.4 million.
The convertibles remain outstanding after the company's refinancing plan completed in December.
Funding for the redemption will come from cash put in escrow following the refinancing.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.