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Published on 10/16/2013 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Arris Group's 2% convertibles due 2026 are convertible through Nov. 15

By Tali David

Minneapolis, Oct. 16 - Arris Group, Inc. said its 2% convertible senior notes due 2026 are now convertible through 11:59 p.m. ET on Nov. 15, according to a press release.

Beginning on Oct. 17, noteholders will also have an option to put the bonds. Additional information regarding the put option will be provided to the holders through Depositary Trust Co. and trustee Bank of New York Mellon Trust Co. in the near future.

Arris is distributing a notice to holders regarding the conversion option through the Depositary Trust Co. and the trustee who is serving as conversion agent.

Arris is a Suwanee, Ga.-based communications technology company.


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