Industry | 2010.01.13
Harman International Reaches Agreement to Amend Its Convertible Senior Notes Indenture
STAMFORD, Conn.--(BUSINESS WIRE)--Harman International Industries, Incorporated (NYSE:HAR) said today that it has entered into an amendment effective January 12, 2010 to the Indenture for its Convertible Senior Notes due 2012 ("Notes"), following consent from a majority of the holders of the Notes. Pursuant to this amendment, the Note holders have waived compliance with the incurrence of debt covenant contained in the Indenture for the limited purpose of permitting Harman to incur debt
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