Armor holdings, inc. issues notice of redemption of securities for its convertible notes

Arlington, va.--(business wire)--armor holdings, inc. (the “company”), a wholly owned subsidiary of bae systems, inc., today issued a notice of redemption of securities pursuant to the indenture under which its 2.00% senior subordinated convertible notes due november 1, 2024 (the “convertible notes”) were issued for the redemption of all outstanding convertible notes. as a result of the redemption of securities, all holders who validly surrender their convertible notes on or subsequent to november 1, 2011 will receive, in respect of each $1,000 principal amount of convertible notes, cash in an amount equal to the sum of (i) $1,000 principal, and (ii) accrued interest to november 1, 2011. this press release does not constitute a notice of redemption of securities under the convertible notes indenture and is qualified in its entirety by reference to the notice of redemption of securities issued by the company and the convertible notes indenture. holders of convertible notes should read the notice of redemption of securities and the convertible notes indenture for additional information.
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