BlackBerryOS.com - BlackBerry Extends Purchase Option Deadline for Additional Convertible Debentures
  • BlackBerry Extends Purchase Option Deadline for Additional Convertible Debentures



    Press Release

    Waterloo, ON– BlackBerry Limited (NASDAQ:BBRY; TSX:BB), a world leader in mobile communications, announced today that it has agreed with Fairfax Financial Holdings Limited and the holders of a requisite majority of the US$1 billion of convertible debentures issued by BlackBerry on November 13, 2013 that the previously-announced investor option to purchase up to an additional US$250 million principal amount of convertible debentures has been extended to January 13, 2014. If the option is exercised, the purchase of the additional convertible debentures will be completed on or before January 16, 2014.


    BlackBerry has been in quiet period since the initial closing, and the extension will enable BlackBerry to provide updated financial information to prospective investors after its third quarter 2013 results have been publicly released on December 20, 2013.


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