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-0.00823874038813627 -0.00823874038813627 0.00659099231050896 0.00659099231050896 0.00695715854998161 0.00695715854998161 0.00695715854998161 0.00695715854998161
Stock impact report

Synaptics Incorporated Announces Offering of $450 Million in Convertible Senior Notes Due 2022

Synaptics Incorporated (SYNA) 
Last synaptics incorporated earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.synaptics.com/node/5806
Company Research Source: GlobeNewswire
SAN JOSE, Calif., June 20, 2017 (GLOBE NEWSWIRE) -- Synaptics Incorporated (NASDAQ:SYNA) (the “Company”), the leading developer of human interface solutions, today announced that it intends to offer, subject to market and other conditions, $450 million aggregate principal amount of Convertible Senior Notes due 2022 (the “Notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In addition, the Company expects to grant the initial purchasers for the offering an option to purchase up to an additional $50 million aggregate principal amount of Notes. The Notes will be senior unsecured obligations of the Company and will be convertible into, subject to various conditions, cash, shares of the Company’s common stock or a combination of cash and shares of the Company’s common stock, at the Company’s election. The Company will have the option to redeem all or any portion of the Notes on or afte Show less Read more
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