E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/28/2005 in the Prospect News Convertibles Daily.

Manpower calls zero-coupon convertibles due 2021

By Caroline Salls

Pittsburgh, Feb. 28 - Manpower Inc. said it will redeem its zero-coupon convertible debentures due Aug. 17, 2021 on March 30 at a price of $613.99 per $1,000 principal amount of debentures.

Holders can elect to convert their debentures before the close of business on March 29 at a rate of 13.9559 shares of Manpower common stock per $1,000 principal amount of debentures.

Manpower stock was selling at $43.65 on Monday afternoon.

Manpower is a Milwaukee-based employment services company.


© 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.