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Published on 11/19/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Safeguard Scientifics buys back all $46.9 million 10.125% convertibles

By Tali David

Minneapolis, Nov. 19 - Safeguard Scientifics, Inc. repurchased all $46.9 million of its 10.125% convertible senior debentures due 2014, according to a news release.

The debentures were repurchased at 125.25 plus accrued interest for a total of $59.5 million

Safeguard Scientifics is a technology incubator based in Wayne, Pa.


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