LeCroy buys back all $29.65 million of remaining 4% convertibles

By Angela McDaniels

Tacoma, Wash., Nov. 7 - LeCroy Corp. repurchased $29.65 million, or 100%, of its 4% convertible senior notes due 2026 on Oct. 17, according to the company's 10-Q report for the quarter ended Oct. 1 filed with the Securities and Exchange Commission.

The convertibles became callable at par on Oct. 15.

The company funded the retirement through its $75 million revolving credit facility.

LeCroy is a Chestnut Ridge, N.Y., manufacturer of oscilloscopes, protocol analyzers and other test measurement solutions.

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