Infineon pays €46 million to repurchase some convertibles due 2010

By Devika Patel

Knoxville, Tenn., Jan. 29 - Infineon Technologies AG spent approximately €56 million to repurchase debt in the first quarter, according to a company report of first-quarter results.

Of the €56 million, €46 million was spent on voluntary repurchases of a portion of the company's subordinated convertible notes due 2010.

Neubiberg, Germany-based Infineon is a semiconductor company.

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