Affymetrix (Santa Clara, California) Announces Redemption of 3.50% Senior Convertible Notes

SANTA CLARA, Calif.--(BUSINESS WIRE)--Affymetrix, Inc., (NASDAQ: AFFX) today has given notice of its intention to redeem all of the outstanding 3.50% Senior Convertible Notes due 2038 (CUSIP 00826TAG3) (the “Convertible Notes”) on January 15, 2013. As of November 15, 2012, there was approximately $3.9 million aggregate principal amount of the Convertible Notes outstanding. The Convertible Notes will be redeemed at a redemption price of 100% of the principal amount of the Convertible Notes redeemed, plus accrued and unpaid interest up to, but excluding, the redemption date.