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TECHNOLOGY: MARKET OPINIONS
November 9th, 2009 - International Business Machines (IBM) announced an offer to certain debt holders to exchange their long-term debt with bonds carrying a lower interest rate plus cash. IBM said that the 7.125% debentures due 2096, 7% debentures due 2045 and 8% notes due 2038 can be swapped for a new series of 5.6% senior ...
Author: Zacks Investment Research
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