ATK Completes Redemption of 2.75% Convertible Senior Subordinated Notes Due 2024

Oct 14, 2010, 11:35 ET from ATK

MINNEAPOLIS, Oct. 14 /PRNewswire-FirstCall/ -- Alliant Techsystems Inc. (NYSE: ATK) today announced that it repurchased $279,735,000 in aggregate principal amount of its outstanding 2.75% convertible senior subordinated notes due 2024 (the "Notes").  ATK has been advised by its trustee, The Bank of New York Mellon Trust Company, N.A., that $279,735,000 in aggregate principal amount of the Notes were redeemed.  ATK has been further advised by its trustee that holders of the remaining $28,000 aggregate principal amount of the Notes have elected to convert such Notes, rather than have such Notes redeemed.  The aggregate amount paid to redeem the Notes, including accrued and unpaid interest, was $280,995,750.

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