Citrix to redeem 0% convertibles

New York, Feb. 19 - Citrix Systems Inc. said it will redeem its zero-coupon convertible subordinated debentures due 2019 on March 22.

The Fort Lauderdale, Fla., software company will pay $459.63 per $1,000 principal amount at maturity for a total of $355.7 million.

There is currently $773.8 million principal amount at maturity of the convertibles outstanding.

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