Adidas is anticipating the redemption of its convertible bond, worth...

2009-10-16T00:00:00

Adidas is anticipating the redemption of its convertible bond, worth €400 million, due to expire in 2018. The bond, issued in August 2003, can be redeemed effective Nov. 23; outstanding bonds will be redeemed at their principal amount plus interest accrued as far as bondholders do not exercise their conversion ...

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