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Motorola Solutions to buy 540 million dollar bonds

Source: Internet
Author: User
Keywords Solutions Motorola 5.4
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Beijing time June 8 Morning News, Motorola Solutions (MSI) announced in Tuesday, the number of its planned offer to buy back the amount of bonds from the original 400 million U.S. dollars to 540 million U.S. dollars.　　The company said its offer would expire on June 20, while the total amount of bonds currently under tender was over $400 million trillion.　　The company last month 23rd offered to buy back bonds maturing between 2017 and 2037, with nominal interest rates ranging from 6% to 7.5%. With more debt than planned to be bought, Motorola's solution will forgo the lowest-priority bonds, including 6% of senior-level bonds due in 2017, and bonds that are due to 7.5% per cent annually in 2025. Humble)

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