Pharma Investments, Ventures & Law Weekly
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Fleetwood Enterprises, Inc.
Fleetwood Completes Repurchase of 5% Debentures With Common Stock Pursuant to Terms of Indenture
January 4th, 2009
Fleetwood Enterprises, Inc. (NYSE:FLE) announced that it has completed the offer, launched on November 6, 2008, to repurchase its remaining 5% convertible senior subordinated debentures with shares of its common stock, as required by the indenture governing the debentures. Approximately $19.9 million in aggregate principal amount of debentures were tendered and accepted in the offer, which expired at 5:00 p.m., New York City time, on December 15, 2008. As previously announced, approximately $79 million in aggregate principal amount of the debentures were tendered and accepted in Fleetwood's previous exchange offer for new senior notes, which expired on December 11, 2008, and thus were no...
Source: Pharma Investments, Ventures & Law Weekly (2009-01-04)
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