Stratus Technologies buys back $15 million 10 3/8% notes due 2008

By Jennifer Chiou

New York, Oct. 12 - Stratus Technologies International, Sarl, announced the repurchase of $15 million of its $170 million 10 3/8% senior notes due Dec. 1, 2008.

The Maynard, Mass., company completed the buyback on Sept. 27.

For the second quarter ended Aug. 28, Stratus' total revenue was $65.2 million, down from $69.4 million attained in the same period last year.

Stratus Technologies works to sustain the availability of information systems for its customers.

© 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.