Alaska Air Group announcement.SEATTLE--(BUSINESS WIRE)--July 13, 1995--Alaska Air Group Inc. (NYSE NYSE See: New York Stock Exchange ) today reported that it has called for redemption on Aug. 4, 1995, of all of its 7-1/4% Liquid Yield Option Notes due 2006. The Notes will be redeemed at a price of $466.61 per $1,000 principal amount at maturity, which represents the issue price plus accrued original issue discount to the date of redemption. The Notes may be converted at any time before the close of business on the redemption date Redemption date The date on which a bond matures or is redeemed. redemption date The date on which a debt security is scheduled to be redeemed by the issuer. The redemption date is the scheduled maturity date or, if applicable, a call date. at a rate of 12.396 shares of common stock per $1,000 principal amount at maturity. The Paying Agent Paying Agent An agent who accepts payments from the issuer of a security and then distributes the payments to the holders of the security. Also known as a "disbursing agent. and Conversion Agent is Harris Trust and Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. , 311 W. Monroe Street, 11th Floor, Chicago, IL 60606, Attn: Bond Operations. Alaska Air Group Inc. is the holding company for Alaska Airlines Inc. and Horizon Air Industries Inc. CONTACT: Alaska Air Group, Seattle Robin Krueger, 206/433-3185 Lou Cancelmi, 206/433-3170 |
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