SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vitesse Semiconductor
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cameron who wrote ()3/6/2000 5:38:00 AM
From: Patton Wilson  Read Replies (1) of 4710
 
To All,
CAMARILLO, Calif.--(BUSINESS WIRE)--March 6, 2000--Vitesse Semiconductor Corp. ("Vitesse" or
the "company") announced today that it anticipates offering $600 million in aggregate principal
amount of convertible subordinated debentures due 2005 in a private placement transaction.

The debentures will be convertible into Vitesse common stock. The net proceeds from the offering,
after payment of selling commissions and discounts, and other expenses of the offering, are
expected to be used for general corporate purposes, such as product development, sales and
marketing, capital expenditures and potential future acquisitions.

The convertible subordinated debentures anticipated to be offered and sold will not be registered
under the Securities Act of 1933 and may not be offered or sold in the United States absent such
registration or an applicable exemption from such registration requirements.

Regards,
PW
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News