Symantec calls all $600 million of 3% convertibles

Pittsburgh, Sept. 7 - Symantec Corp. will redeem all $600 million of its outstanding 3% convertible subordinated notes due 2006 for $1,007.50 plus accrued interest per $1,000 principal amount of notes, according to a company news release.

The redemption date is Nov. 5. The notes can be converted into shares of Symantec common stock until 5 p.m. ET on Nov. 4 at a price of $17.07 per share, or 58.58 shares per $1,000 principal amount.

Symantec is a Cupertino, Calif., information security company.

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