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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 1/12/2011 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Affymetrix buys back additional $53 million 3.5% convertible notes

By Toni Weeks

San Diego, Jan. 12 - Affymetrix Inc. announced in a news release that it has repurchased $53 million of its 3.5% convertible notes, bringing the total amount of repurchased convertibles in 2010 to $150 million.

About $95 million in outstanding convertible debt remains.

The Santa Clara, Calif.-based company focuses on technology used by pharmaceutical, diagnostic and biotechnology companies.


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