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Article: Amazon.com Announces Redemption of Remaining 6.875% Convertible Subordinated Notes.
- Article from:
- Information Technology Newsweekly
- Article date:
- March 10, 2009
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Amazon.com, Inc. (Nasdaq:AMZN) announced that on March 27, 2009, it will redeem all of the remaining principal amount of its outstanding 6.875% Convertible Subordinated Notes due 2010 (the oNoteso) with CUSIP number 023135AG1 and ISIN number US023135AG10.
The Notes will be redeemed at a redemption price of 100% of the principal amount at maturity, plus accrued and unpaid interest from February 16, 2009 through March 26, 2009. After completion of the redemption of C239,998,000 in principal amount of the Notes, there will be no Notes outstanding.
The right to convert the Notes to be redeemed into common stock of Amazon.com will expire at the close of ...
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