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Infineon pays €46 million to repurchase some convertibles due 2010
By Devika Patel
Knoxville, Tenn., Jan. 29 - Infineon Technologies AG spent approximately €56 million to repurchase debt in the first quarter, according to a company report of first-quarter results.
Of the €56 million, €46 million was spent on voluntary repurchases of a portion of the company's subordinated convertible notes due 2010.
Neubiberg, Germany-based Infineon is a semiconductor company.
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