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Tyco Announces Results Of Its Offer To Repurchase Lyons(TM) Due 2020
Tyco has been advised by the trustee, U.S. Bank National Association, that LYONs with an ggregate principal amount at maturity of $3,196,711,000 were validly surrendered for repurchase and not withdrawn, and Tyco has repourchase all of such LYONs. The purchase price for the LYONs was $775.66 in cash per $1,000 in principal amount at maturity. The aggregate purchase price for all of the LYONs validly surrendered for repurchase and not withdrawn was $2,479,560,854.26.
ABOUT TYCO INTERNATIONAL LTD.
Tyco International Ltd. is a diversified manufacturing and service company. Tyco is the world's largest manufacturer and servicer of electrical and electronic components; the world's largest manufacturer, installer and provider of fire protection systems and electronic security services; and the world's largest manufacturer of specialty valves. Tyco also holds strong leadership positions in medical device products, and plastics and adhesives. Tyco operates in more than 100 countries and had fiscal 2003 revenues from continuing operations of approximately $37 billion.