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Pegasus Solutions says all 3.875% convertibles put back
New York, June 26 - Pegasus Solutions, Inc. said all $75 million of its 3.875% convertible senior notes due 2023 were put back.
The Dallas-based provider of technology and services to hotels and travel distributors paid par plus accrued interest through June 25 for the securities.
Holders were able to put the notes after Pegasus was acquired by an investor group led by Prides Capital Partners, LLC.
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