Riverstone Networks (RSTN) Message Board

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Technology Stocks : Riverstone Networks (RSTN)

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To: Nazbuster who wrote (264)	6/5/2002 12:46:54 PM
From: Dave	of 290

Focus on my bold... Riverstone Networks Registers $175 Million Convertible Notes For Holders WASHINGTON -(Dow Jones)- Riverstone Networks Inc. registered to sell shareholders $175 million of 3.75% convertible subordinated notes due 2006 and 9.6 million shares of common stock issuable upon conversion of the notes, according to a Form S-3 filed Tuesday with the Securities and Exchange Commission. The notes were originally issued in a private placement in November 2001 , the filing said. The conversion rate of the notes is 55.0661 a share. Riverstone Networks won't receive any proceeds from the sale of the notes or the common shares issuable upon conversion of the notes, the filing said. Riverstone Networks, of Santa Clara, Calif. , develops routers and switches that enable service providers to offer service for citywide networks.

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