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Published on 4/22/2009 in the Prospect News Convertibles Daily.

Xilinx buys back $310.4 million convertible debentures at cost of $193.2 million in cash

By Jennifer Chiou

New York, April 22 - Xilinx, Inc. announced that it paid $193.2 million in cash to repurchase $310.4 million of its convertible debentures during fiscal 2009.

Also, during the fourth quarter, the company recorded a $20.9 million pre-tax gain on the early extinguishment of convertible debentures.

The company is a San Jose, Calif., electronics equipment maker.


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