Article: Genesco Announces Conversion of $16.04 Million of Convertible Debentures for Common Stock in Exchange for Early Payment of Accrued Interest.

NASHVILLE, Tenn., Nov. 5 /PRNewswire-FirstCall/ -- Genesco Inc. announced today that it entered into separate conversion agreements whereby holders of $16.04 million in aggregate principal amount of its 4.125% Convertible Subordinated Debentures due 2023 (the "Debentures") will convert each $1,000 principal amount of their Debentures into 49.8462 shares of the Company's common stock pursuant to the terms of the Debentures in exchange for the early payment of 75% of the accrued interest on the Debentures from the last interest payment date through November 9, 2009, representing approximately $12.46 on each of the Debentures, for an aggregate interest payment of $199,873. ...

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