Aug 26 (Reuters) - Blackberry Ltd BB.TO :
* Blackberry announces redemption of existing convertible debentures and issuance of new convertible debentures
* Announces amendment of indenture governing 6 percent unsecured convertible debentures to permit optional redemption prior to nov 13, 2016
* There will be issuance of notice of redemption to holders of 6 percent debentures for company to redeem outstanding amount of 6% debentures on Sept 2
* 6% debentures will be redeemed on redemption date at a redemption price of 106.7213% of outstanding principal amount of debentures
* Approximately $1.245 billion aggregate principal amount of 6 percent debentures remains outstanding
* Entered into agreement with Fairfax Financial Holdings Ltd, other institutional investors
* Normal course issuer bid for 6% debentures announced by blackberry on August 4, 2016 will terminate upon completion of redemption
* Fairfax, other investors to subscribe for 3.75% unsecured convertible debentures of company on private placement basis for subscription price of $605 million
* Under agreement with Fairfax, Blackberry's 3.75% debentures will be convertible into common shares of Blackberry at price of $10/share Source text for Eikon: [] Further company coverage: BB.TO