SPRINGDALE, Ark.Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
00
SPRINGDALE, Ark. (AP) — Tyson Foods Inc. said Wednesday that it bought back $790.1 million in debt due in 2014. The company said it bought approximately 97.5 percent of the notes. It announced the tender offer June 6 and is funding the repurchase with a public offering of $1 billion in debt due in 2022. Shares of Tyson Foods rose 2 cents to $18.93 in afternoon trading.
Comments