Genesco Inc. announced the issuance on November 3, 2009, of a notice of redemption to the holders of the company's 4.125% Convertible Subordinated Debentures due 2023. Pursuant to the notice, all of the Debentures that remain outstanding will be redeemed on December 3, 2009.
As of November 3, 2009, $24.815 million aggregate principal amount of the
Debentures were outstanding. The Debentures may be converted into common stock of the company at the rate of 49.8462 shares for each $1,000 in principal amount at the option of the holders at any time prior to the redemption date.
