Itron Inc. ITRI announced today that it will redeem the remaining 2.5% convertible senior subordinated notes due 2026. The notes have an outstanding balance of $38.8 million and will be redeemed on September 30, 2011. The redemption will be funded by the company's cash on hand and available liquidity under its revolving credit facility.
Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in