Manpower says put exercised on just $123,000 of zero-coupon convertibles

Pittsburgh, Aug. 17 - Manpower Inc. said holders put back $123,000 of its zero-coupon convertible debentures due 2021, according to a company news release.

Manpower paid about $74,000 to holders who elected to put their debentures. The put option expired at 5 p.m. ET on Aug. 16.

As a result of this repurchase, $435.2 million principal amount at maturity of the debentures remains outstanding, the release said.

Manpower, a Milwaukee-based employment services company, said in the release that substantially all holders elected not to put their debentures.

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