Printer Friendly

HARRIS TO REDEEM $81 MILLION IN DEBENTURES

 HARRIS TO REDEEM $81 MILLION IN DEBENTURES
 MELBOURNE, Fla., Dec. 3, /PRNewswire/ -- Harris Corporation


(NYSE: HRS) has announced its intention to redeem approximately $81 million of its 11 1/2 percent debentures due June 1, 2010. Redemption is anticipated to take place in early January, 1992. The redemption price includes a 5.175 percent premium to the bond holders. The redemption will be funded through lower cost refinancing available to the company.
 Harris Corporation, with worldwide sales of more than $3 billion, is focused on four main businesses: electronic systems, communications, semiconductors, and Lanier Worldwide office equipment.
 -0- 12/2/91
 /CONTACT: Jim Burke of Harris Corporation, 407-727-9126/
 (HRS) CO: Harris Corporation ST: Florida IN: ARO SU:


SS-MR -- FL012 -- 8866 12/03/91 15:24 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Dec 3, 1991
Words:126
Previous Article:KAMAN BOARD DECLARES DIVIDEND
Next Article:ENSERCH CAPITAL SPENDING PLANS FOR 1992
Topics:


Related Articles
HONEYWELL TO REDEEM 9-3/8 PERCENT SINKING FUND DEBENTURES
PPG TO REDEEM DEBENTURES DUE 2000
ALCOA TO REDEEM SINKING FUND DEBENTURES
HONEYWELL TO REDEEM 9-3/8 PERCENT SINKING FUND DEBENTURES
HONEYWELL TO REDEEM 9-3/8 PERCENT SINKING FUND DEBENTURES
KROGER TO REDEEM $50 MILLION OF SUBORDINATED DEBENTURES
GMAC REDEEMS 8-3/4 PERCENT DEBENTURES
XEROX CORPORATION TO REDEEM 8-5/8 PERCENT SINKING FUND DEBENTURES DUE 1999
MOTOROLA CALLS FOR REDEMPTION OF DEBENTURES
Pacific Gulf Properties to Redeem Debentures.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters