Tyco International says holders put $53,100 of 0% convertibles

By Laura Lutz

Des Moines, Feb. 13 - Tyco International Ltd. announced that holders chose to put $53,100 principal amount of the zero-coupon convertible debentures due Feb. 12, 2021 issued by Tyco International Group SA.

The put option expired at 5 p.m. ET on Feb. 12.

The company paid $811.22 in cash per $1,000 principal amount of debentures that were surrendered, for a total repurchase price of $43,075.78.

Based in Pembroke, Bermuda, Tyco produces electronics, fire and security, health care and engineered products and services.

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