Cypress prices $500M in convertible senior notes

Mutschler, Ann Steffora
March 2007
Electronic News;3/12/2007, Vol. 53 Issue 11, p43
Trade Publication
The article reports that Cypress Semiconductor Corp. has priced $500 million of 1.00 percent convertible senior notes due September 15, 2009, with the sale expected to close on March 13. According to Cypress, the notes will initially be convertible, subject to certain conditions, into cash up to the lesser of the principal amount of the notes or the conversion value.


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