Veeco buys back $12.2 million 4.125% convertibles

By Susanna Moon

Chicago, Nov. 25 - Veeco Instruments Inc. repurchased $12.2 million of its 4.125% convertible subordinated notes due 2012, according to an 8-K filing with the Securities and Exchange Commission.

Veeco paid $7.2 million in cash for the notes, including $100,000 for accrued interest.

As a result of the repurchases, $105.6 million of the notes remain outstanding.

Veeco Instruments is based in Woodbury, N.Y., and provides products and services for nanoscale applications.

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