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Article: EDS commences offering of 20-year, senior convertible notes; Proceeds will be used to complete recently announced acquisitions.
- Article from:
- M2 Presswire
- Article date:
- October 5, 2001
CopyrightCOPYRIGHT 2001 Normans Media Ltd. 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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M2 PRESSWIRE-5 October 2001-EDS: EDS commences offering of 20-year, senior convertible notes; Proceeds will be used to complete recently announced acquisitions (C)1994-2001 M2 COMMUNICATIONS LTD
RDATE:05102001
PLANO, Texas -- EDS today commenced a public offering of $500 million 20-year, senior convertible notes. The notes will be convertible into EDS common stock at a premium to be determined. The net proceeds from this offering will be used to complete the financing of the company`s previously announced acquisitions.
A registration statement related to this offering has been filed with the Securities and Exchange Commission and has ...