Danka Announces Refinancing Plan And Exchange Offer For 6.75% Convertible Subordinated Notes.

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Danka Announces Refinancing Plan And Exchange Offer For 6.75% Convertible Subordinated Notes.

Business Editors

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Feb. 20, 2001

Danka Business Systems PLC ("Danka" or the "Company") today announced a comprehensive plan, consisting of three parts, to reduce and refinance its indebtedness: (1) the sale of Danka's outsourcing division, Danka Services International ("DSI"), (2) an exchange offer for all $200 million...

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