Comments
suedunnell wrote: Hi Again - I should add my name to comment #1 above and ask that if anyone has questions, they can either post them here or ask me directly: Sue Dunnell PowerBuilder Product Manager 978 287 1752 sue.dunnell@sybase.com
Cloud Computing
Conference & Expo
November 2-4, 2009 NYC
Register Today and SAVE !..

SYS-CON.TV
Today's Top SOA Links


Tyco International Announces Results of its Offer to Repurchase LYONs(TM) Due 2020
Tyco International Announces Results of its Offer to Repurchase LYONs(TM) Due 2020

PEMBROKE, Bermuda, Nov. 20 /PRNewswire-FirstCall/ -- Tyco International Ltd. today announced the results of its offer to repurchase its Liquid Yield Option(TM) Notes due 2020 (Zero Coupon-Senior) (the "LYONs"). The holders' option to surrender their LYONs for repurchase expired at 5:00 p.m., Eastern Time, on Monday, Nov. 19, 2007.

Tyco has been advised by the trustee, U.S. Bank National Association, that LYONs with an aggregate principal amount at maturity of $57,000.00, were validly surrendered for repurchase and not withdrawn, and Tyco has repurchased all such LYONs. The purchase price for the LYONs was $823.44 in cash per $1,000 in principal amount at maturity. The aggregate purchase price for all of the LYONs validly surrendered for repurchase and not withdrawn was $46,936.08. After the repurchase, a total of $351,000.00 in principal amount of the LYONs remains outstanding.

ABOUT TYCO INTERNATIONAL

Tyco International is a diversified, global company that provides vital products and services to customers in more than 60 countries. Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products. Tyco completed the spin-off of its healthcare and electronics businesses on June 29, 2007 and today has annual revenues of more than $18 billion and 110,000 employees. More information on Tyco can be found at http://www.tyco.com/.

NOTE: "Liquid Yield Option" and "LYONs" are Trademarks of Merrill Lynch & Co., Inc.

FORWARD-LOOKING STATEMENTS

This release may contain certain "forward-looking statements". These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. The forward- looking statements in this release include statements addressing the following subjects: future financial condition and operating results. Economic, business, competitive and/or regulatory factors affecting Tyco's businesses are examples of factors, among others, that could cause actual results to differ materially from those described in the forward-looking statements. Tyco is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. More detailed information about these and other factors is set forth in Tyco's Annual Report on Form 10-K for the fiscal year ended Sept. 29, 2006, and Quarterly Report on Form 10-Q for the quarterly period ended June 29, 2007.

Tyco International Ltd.

CONTACT: Media, Paul Fitzhenry, +1-609-720-4261, pfitzhenry@tyco.com, or
Investor Relations, Ed Arditte, +1-609-720-4621, or Karen Chin,
+1-609-720-4398, all of Tyco International Ltd.

Web site: http://www.tyco.com/

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers


ADS BY GOOGLE