Motorola solutions and silver lake to settle outstanding $1 billion 1.75% convertible notes

Chicago--(business wire)--motorola solutions (nyse: msi), a global leader in public safety and enterprise security, and silver lake, a global leader in technology investing, announced they will settle silver lake's outstanding $1 billion 1.75% senior convertible notes. the notes, originally scheduled to mature in september 2024, included a provision which gave motorola solutions the right to redeem a portion of the notes upon attainment of a specific motorola solutions share price over a specif.
MSI Ratings Summary
MSI Quant Ranking