SCHAUMBURG, Ill.-Motorola Inc. said holders of its liquid yield option notes due Sept. 27, 2013, can surrender the notes for purchase today through Sept. 29.
According to the indenture under which the notes were issued in September 1993, each note holder has the right to require Motorola on Sept. 29, 2003, to purchase all or any part of the holder’s notes for $799.52 per $1,000 principal amount at maturity of the notes, said the company.