Agilent Technologies to redeem all 3% convertible debentures due 2021

By Jennifer Chiou

New York, Aug. 25 - Agilent Technologies Inc. has called for the full redemption of its $1.125 billion of 3% senior convertible debentures due 2021 at par.

The Palo Alto, Calif., company will redeem the convertibles on Sept. 9 and also will pay accrued interest up to but not including the redemption date.

Prior to 5 p.m. ET on Sept. 8, holders may convert their debentures into Agilent stock at a conversion price of $32.22 per share.

The company's stock closed at $30.80 per share on Thursday.

Citibank NA is the trustee.

Agilent Technologies is a diversified technology company that provides communications and electronics services.

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