March 12 (Reuters) - Rovi Corp:
* Prices $400 million of its 2.625% convertible senior notes due 2040
* Says initial base conversion rate of 21.1149 shares per $1,000 principal
amount of notes
* Sees using about $159.6 million of proceeds to pay down all outstanding
amounts under senior secured credit facility
* Says interest will be payable semi-annually in cash at a rate of 2.625% per
annum
* Says estimates that the net proceeds from the offering will be approximately
$387.4 million
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Prices $400 million of its 2.625% convertible senior notes due 2040
* Says initial base conversion rate of 21.1149 shares per $1,000 principal
amount of notes
* Sees using about $159.6 million of proceeds to pay down all outstanding
amounts under senior secured credit facility
* Says interest will be payable semi-annually in cash at a rate of 2.625% per
annum
* Says estimates that the net proceeds from the offering will be approximately
$387.4 million
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
