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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item |
Pier 1 Imports pays $17.1 million for 6.375% convertibles put Tuesday
By Susanna Moon
Chicago, Feb. 16 - Pier 1 Imports, Inc. said it redeemed all of its outstanding 6.375% convertible senior notes due Feb. 15, 2036.
The convertibles were putable at par plus accrued interest on Feb. 15.
Pier 1 paid $17.1 million for the convertibles, which included accrued interest.
The company is a Fort Worth-based specialty retailer.
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