Affymetrix calls remaining $3.9 million of 3.5% convertible notes

By Ashley Montgomery

Kansas City, Kan., Dec. 3 - Affymetrix, Inc. plans to redeem all $3.9 million of its 3.5% senior convertible notes due 2038, according to a notice.

The notes will be redeemed on Jan. 15, 2013 at par plus accrued interest up to the redemption date.

Holders may convert their notes until the close of business on Jan. 14, 2013 at a rate of 33.1991 shares of common stock per $1,000 principal amount. The conversion price will be paid in cash and stock.

The Bank of New York Mellon Trust Co., NA is the trustee.

Affymetrix is a Santa Clara, Calif.-based provider of technology used by pharmaceutical, diagnostic and biotechnology companies, as well as by academic, government and nonprofit research organizations.

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