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Published on 7/21/2011 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Powerwave to repurchase $42.6 million 1.875% convertibles due 2024

By Toni Weeks

San Diego, July 21 - Powerwave Technologies, Inc. said in a press release that it will repurchase $42.6 million principal amount of its 1.875% convertible subordinated notes due 2024, leaving roughly $15.3 million of the notes outstanding.

The Santa Ana, Calif., company is a supplier of end-to-end wireless solutions for wireless communications networks.


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