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TERADYNE, INC. CALLS FOR REDEMPTION ALL OF ITS 9 1/4 PERCENT CONVERTIBLE SUBORDINATED DEBENTURES DUE 2012

 BOSTON, Oct. 7 /PRNewswire/ -- Teradyne, Inc. (NYSE: TER) has called for redemption the $12,925,000 outstanding principal amount of its 9 1/4 percent convertible subordinated debentures due 2012. The redemption price is $1,037.00, plus $16.44 accrued interest to the date of redemption, for a total redemption price of $1,053.44 for each $1,000 debenture. The effective date of the redemption is Nov. 19, 1993.
 Each $1,000 debenture is convertible, prior to the redemption date at the option of each debenture holder, into approximately 42.55 shares of common stock at the conversion rate of $23.50 per share.
 -0- 10/7/93
 /CONTACT: Frederick Van Veen, vice president of Teradyne, 617-422-2494/
 (TER)


CO: Teradyne, Inc. ST: Massachusetts IN: CPR SU:

CM-JL -- NE015 -- 9892 10/07/93 16:34 EDT
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Publication:PR Newswire
Date:Oct 7, 1993
Words:137
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