Sepracor calls 5.75% convertibles

New York, Dec. 15 - Sepracor Inc. said it will redeem all $430 million of its 5.75% convertible subordinated notes due 2006 on Jan. 9.

The Marlborough, Mass., pharmaceutical company will pay par plus accrued interest for the securities.

The notes convert at a price of $60 per share. Sepracor stock closed at $23.63 on Monday.

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