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Tate & Lyle tender offer pricing



24 November 2009 @ 03:08 pm BST

Tate & Lyle has announced the pricing of the tender offer by its subsidiary, Tate & Lyle International Finance, to holders of its 200m 6.50% notes due 2012.

The repurchase price will be be 1079.24 per 1000.

The company will also pay accrued interest of 27.07 per 1000 in nominal amount of such notes.

The total cash payment will amount to 1106.31.

Settlement is expected to occur on 27 November.

Story provided by Business Financial Newswire

© 2009 BFNNews.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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