Amdocs says nearly all 2% convertible put back to company

New York, June 1 - Amdocs Ltd. said holders of $395.11 million principal amount of its 2% convertible notes due June 1, 2008 exercised the put option on the securities.

As a result, the St. Louis customer relationship management software company now has $344,000 principal amount of the convertibles still outstanding.

Holders could put the convertibles on June 1 at par. Amdocs chose to pay the put in cash.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.