2014-01-17 9:33
Author: Peter Barycki
taking place just a few days ago the signing of an agreement between Fairfax and BlackBerry on the redemption consecutive points this time $ 250 000 000 convertible bonds, the Canadian company announced the successful completion of this transaction.
Full press release:
WATERLOO, ONTARIO, Jan 16, 2014 (Marketwired via COMTEX) รข BlackBerry (R) Limited BBRY, a world leader in mobile communications, today Announced the completion of the purchase by Fairfax Financial Holdings Limited, through its Subsidiaries, of an additional U.S. $ 250 million principal amount of 6% convertible unsecured subordinated debentures of the BlackBerry (the “debentures”). The additional debentures were purchased pursuant to the exercise of a previously-Announced option that was granted in connection with the BlackBerry’s private placement of U.S. $ 1 billion principal amount of debentures on November 13, 2013.
via: marketwatch
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