Church & Dwight to redeem all $100 million of its 5.25% convertibles due 2033

By Devika Patel

Knoxville, Tenn., July 11 - Church & Dwight Co., Inc. said it will redeem all $100 million of its outstanding 5.25% senior convertible debentures due 2033 on Aug. 15.

The debentures will be redeemed at 101.5% plus interest up to the redemption date.

The Bank of New York Mellon is the paying agent.

Holders also may elect to convert their securities up until the close of business on Aug. 14 at the conversion rate of 32.26 common shares per $1,000 of debentures.

Church & Dwight is a Princeton, N.J., manufacturer and marketer of personal care, household and specialty products.

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