MNI » Topics » Repurchase of Public Notes:

These excerpts taken from the MNI 10-K filed Mar 3, 2009.

Repurchase of Public Notes:

 

In the second fiscal quarter of 2008, the Company repurchased $300 million aggregate principal amount of its outstanding debt securities for $282.4 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $19.5 million. The Company purchased $150 million, $130 million and $20 million of its outstanding principal amount of debt securities maturing in 2009, 2011 and 2014, respectively. The gain includes the write-off of approximately $2.8 million of net unamortized premiums related to these securities.

 

In the second half of 2008, the Company purchased $19.0 million aggregate principal of its outstanding debt securities maturing in 2009 in the open market for $17.7 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $1.5 million. The gain includes the write-off of approximately $0.2 million of net unamortized premiums related to these securities.

 

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Repurchase of Public Notes:

 

In the second fiscal quarter of 2008, the Company repurchased $300 million aggregate principal amount of its outstanding debt securities for $282.4 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $19.5 million. The Company purchased $150 million, $130 million and $20 million of its outstanding principal amount of debt securities maturing in 2009, 2011 and 2014, respectively. The gain includes the write-off of approximately $2.8 million of net unamortized premiums related to these securities.

 

In the second half of 2008, the Company purchased $19.0 million aggregate principal of its outstanding debt securities maturing in 2009 in the open market for $17.7 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $1.5 million. The gain includes the write-off of approximately $0.2 million of net unamortized premiums related to these securities.

 

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Repurchase of Public Notes:

 

In the second fiscal quarter of 2008, the Company repurchased $300 million aggregate principal amount of its outstanding debt securities for $282.4 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $19.5 million. The Company purchased $150 million, $130 million and $20 million of its outstanding principal amount of debt securities maturing in 2009, 2011 and 2014, respectively. The gain includes the write-off of approximately $2.8 million of net unamortized premiums related to these securities.

 

In the second half of 2008, the Company purchased $19.0 million aggregate principal of its outstanding debt securities maturing in 2009 in the open market for $17.7 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $1.5 million. The gain includes the write-off of approximately $0.2 million of net unamortized premiums related to these securities.

 

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Repurchase of Public Notes:

 

In the second fiscal quarter of 2008, the Company repurchased $300 million aggregate principal amount of its outstanding debt securities for $282.4 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $19.5 million. The Company purchased $150 million, $130 million and $20 million of its outstanding principal amount of debt securities maturing in 2009, 2011 and 2014, respectively. The gain includes the write-off of approximately $2.8 million of net unamortized premiums related to these securities.

 

In the second half of 2008, the Company purchased $19.0 million aggregate principal of its outstanding debt securities maturing in 2009 in the open market for $17.7 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $1.5 million. The gain includes the write-off of approximately $0.2 million of net unamortized premiums related to these securities.

 

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Repurchase of Public Notes:

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">In the second fiscal quarter of 2008, the Company repurchased $300 million aggregate principal amount of its outstanding debt
securities for $282.4 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $19.5 million. The Company purchased $150 million, $130 million and $20 million of its outstanding principal amount of debt
securities maturing in 2009, 2011 and 2014, respectively. The gain includes the write-off of approximately $2.8 million of net unamortized premiums related to these securities.

SIZE="1"> 

In the second half of 2008, the Company purchased $19.0 million aggregate principal of its outstanding debt securities
maturing in 2009 in the open market for $17.7 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $1.5 million. The gain includes the write-off of approximately $0.2 million of net unamortized premiums related
to these securities.

 


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Repurchase of Public Notes:

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">In the second fiscal quarter of 2008, the Company repurchased $300 million aggregate principal amount of its outstanding debt
securities for $282.4 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $19.5 million. The Company purchased $150 million, $130 million and $20 million of its outstanding principal amount of debt
securities maturing in 2009, 2011 and 2014, respectively. The gain includes the write-off of approximately $2.8 million of net unamortized premiums related to these securities.

SIZE="1"> 

In the second half of 2008, the Company purchased $19.0 million aggregate principal of its outstanding debt securities
maturing in 2009 in the open market for $17.7 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $1.5 million. The gain includes the write-off of approximately $0.2 million of net unamortized premiums related
to these securities.

 


22







Table of Contents


Repurchase of Public Notes:

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">In the second fiscal quarter of 2008, the Company repurchased $300 million aggregate principal amount of its outstanding debt
securities for $282.4 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $19.5 million. The Company purchased $150 million, $130 million and $20 million of its outstanding principal amount of debt
securities maturing in 2009, 2011 and 2014, respectively. The gain includes the write-off of approximately $2.8 million of net unamortized premiums related to these securities.

SIZE="1"> 

In the second half of 2008, the Company purchased $19.0 million aggregate principal of its outstanding debt securities
maturing in 2009 in the open market for $17.7 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $1.5 million. The gain includes the write-off of approximately $0.2 million of net unamortized premiums related
to these securities.

 


22







Table of Contents


Repurchase of Public Notes:

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">In the second fiscal quarter of 2008, the Company repurchased $300 million aggregate principal amount of its outstanding debt
securities for $282.4 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $19.5 million. The Company purchased $150 million, $130 million and $20 million of its outstanding principal amount of debt
securities maturing in 2009, 2011 and 2014, respectively. The gain includes the write-off of approximately $2.8 million of net unamortized premiums related to these securities.

SIZE="1"> 

In the second half of 2008, the Company purchased $19.0 million aggregate principal of its outstanding debt securities
maturing in 2009 in the open market for $17.7 million in cash obtained from its revolving credit facility and recorded a pre-tax gain of $1.5 million. The gain includes the write-off of approximately $0.2 million of net unamortized premiums related
to these securities.

 


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EXCERPTS ON THIS PAGE:

10-K (8 sections)
Mar 3, 2009
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