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Article: TXU Corp. Announces Additional Debt and Capital Management Program Actions.
- Article from:
- PR Newswire
- Article date:
- September 15, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TXU Corp. announced today, as part of its debt and capital management program, cash tender offers for its equity-linked debt securities and convertible notes and, subject to market conditions and other factors, potential additional purchases of common stock.
Tender Offers
TXU Corp. is offering to purchase for cash (i) up to 11,433,285 of its outstanding Corporate Units, which represent 99.13% of its outstanding Corporate Units, for a purchase price subject to a minimum of $45.97 and a maximum of $52.28 per Corporate Unit, (ii) up to 8,700,000 of its outstanding Income PRIDES, which represent 98.86% of its outstanding Income PRIDES, for a purchase price ...