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Article: WU World Communications debentures to be redeemed.
- Article from:
- PR Newswire
- Article date:
- February 1, 1988
CopyrightCOPYRIGHT 1988 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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WU WORLD COMMUNICATIONS DEBENTURES TO BE REDEEMED
UPPER SADDLE RIVER, N.J., Feb. 1 /PRNewswire/ -- Western Union Corporation (NYSE: WU) announced today that all of the outstanding 8-1/2 percent sinking fund debentures due 1996 (approximately $23.5 million aggregate principal amount) of WU World Communications Inc. (formerly ITT World Communications Inc.) have been called for redemption on Feb. 29, 1988, at 101.25 percent of principal, with accrued interest to the date of redemption.
WU World Communications was acquired by Western Union as part of the restructuring of ...