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US Airways retires $10 million of 7.25% convertibles through exchange
By Angela McDaniels
Tacoma, Wash., Sept. 4 - US Airways Group, Inc. retired $10 million of its 7.25% convertible senior notes due 2014 on Aug. 30, according to an 8-K filing with the Securities and Exchange Commission.
The convertibles were retired through an exchange agreement reached with their holder.
The holder received 2,188,184 shares of common stock.
US Airways is an airline based in Tempe, Ariz.
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