HUTCHINSON, Minn., Jan. 23, 2013 (GLOBE NEWSWIRE) -- Hutchinson Technology Incorporated (Nasdaq:HTCH) announced today that it completed the repurchase of $18,682,000 aggregate principal amount of its outstanding 8.50% Convertible Senior Notes due 2026 (the "8.50% Convertible Notes") from certain holders for cash totaling $11,582,840, plus accrued and unpaid interest. The repurchased 8.50% Convertible Notes are being retired, and a total of $39,822,000 aggregate principal amount of 8.50% Convertible Notes remain outstanding.
Hutchinson Technology Announces Notes Repurchase And Private Placement Financing
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