General Cable announces convertible period for $10.6 million 1% notes

By Ashley Montgomery

Kansas City, Kan., Sept. 14 - General Cable Corp. said its $10.6 million 1% senior convertible notes due Oct. 15, 2012 are convertible from Sept. 15 through 5 p.m. ET Oct. 12.

The conversion rate on the notes is 11.9142 shares of common stock per $1,000 principal amount, according to a company news release.

General Cable is a Highland Heights, Ky.-based developer, designer, manufacturer, marketer and distributor of copper, aluminum, and fiber optic wire and cable products.

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