Affymetrix Announces Proposed $105M Offering of Convertible Senior Notes Due 2019

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Affymetrix Inc.,
AFFX
today announced that it intends to offer, subject to market and other considerations, $105 million aggregate principal amount of unsecured Convertible Senior Notes due 2019. The offering is being made pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission and a prospectus supplement filed with the SEC today. Affymetrix also expects to grant the underwriters an option to purchase up to $10 million aggregate principal amount of additional notes on the same terms and conditions, solely to cover over-allotments, if any.
Posted In: NewsOfferings
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