Textron's convertible senior notes to remain convertible
Multi-industry company Textron Inc announced on Wednesday its 4.5% convertible senior notes due 2013 will remain convertible at the option of the holders through 30 June 2010, the last trading day of the second calendar quarter.
Textron Inc. yesterday announced it has completed its previously announced concurrent public offerings of its 4.50% convertible senior notes due 2013 and 23,805,000 shares of its common stock, including the exercise in full of the underwriters' options to purchase additional securities in each of the offerings.