SANTA CLARA, Calif.--(BUSINESS WIRE)--Affymetrix Inc., (Nasdaq:AFFX) today announced that it intends to offer, subject to market and other considerations, $250 million aggregate principal amount of unsecured Senior Convertible Notes due 2038 under an automatically effective shelf registration statement on file with the Securities and Exchange Commission. Affymetrix also expects to grant the underwriter an over-allotment option to purchase up to $37.5 million aggregate principal amount of additional notes on the same terms and conditions.
