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Prospect News home > News index > List of issuers T > Headlines for Tenders 2008 > News item |
QLT redeems all $172.5 million of its 3% convertibles
By Devika Patel
Knoxville, Tenn., Sept. 15 - QLT Inc. announced it has completed the redemption of all $172.5 million of its outstanding 3% convertible senior notes.
The notes were bought back at par plus interest to, but not including, Sept. 15.
The Bank of New York (attention: Corporate Trust Administration, 800 254-2826) is the trustee.
QLT is a Vancouver, B.C.-based biopharmaceutical company.
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