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RF Micro Devices brings 3¾% convertible buybacks to $200 million
New York, Nov 12 - RF Micro Devices Inc. said it has now bought back $200 million principal amount of its 3¾% convertible subordinated notes due 2005.
The Greensboro, N.C., maker of radio frequency semiconductors said in a filing with the Securities and Exchange Commission that it funded the repurchases with part of the proceeds of its sale of $230 million of new 1½% convertible subordinated notes due 2010 in June.
RF Micro Devices in an August filing with the SEC reported having bought back $189 million of the 3¾% convertibles. It originally issued $300 million of the securities.
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