Illumina, Inc. Prices $350 Million Convertible Senior Notes

SAN DIEGO--(BUSINESS WIRE)--Illumina (NASDAQ:ILMN) today announced the pricing of $350 million principal amount of 0.625% Convertible Senior Notes due 2014 through offerings to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). This represents an increase of $25 million from the transaction size announced on February 12, 2007. In connection with the offering, Illumina also granted the initial purchasers a 30-day option to purchase up to $50 million of additional notes to cover overallotments, if any. The offering is scheduled to close on February 16, 2007, subject to satisfaction of customary closing conditions.

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