Affymetrix to Offer $250M of Senior Convertible Notes

Nov 13, 2007

NEW YORK (GenomeWeb News) – Affymetrix today said that it has filed a shelf registration with the US Securities and Exchange Commission to offer $250 million of unsecured senior convertible notes due 2038.

Affy said that it expects to grant the offering’s underwriter an over-allotment option to purchase up to $37.5 million aggregate principal amount of additional notes.

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