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Affymetrix (Santa Clara, California) (AFFX) Announces Proposed $105 Million Offering of Convertible Senior Notes Due 2019


6/19/2012 10:42:17 AM

SANTA CLARA, Calif.--(BUSINESS WIRE)--Affymetrix Inc., (NASDAQ: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 (the “SEC”) 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.

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