By: Benzinga
AAR to Repurchase 1.75% Convertible Senior Notes due 2026 at the Option of Holders
AAR (NYSE: AIR ) announced today that pursuant to the terms of the indenture, holders of AAR's 1.75% Convertible Senior Notes due 2026 (the "Securities") have the right to surrender their Securities for purchase by AAR (the "Put Option"). The Put Option expires on January 31, 2013. The
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