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BRIEF-Synaptics Inc announces pricing of $500 mln in convertible senior notes due 2022
June 21, 2017 / 8:06 AM / 4 months ago

BRIEF-Synaptics Inc announces pricing of $500 mln in convertible senior notes due 2022

June 21 (Reuters) - Synaptics Inc:

* Synaptics incorporated announces pricing of $500 million in convertible senior notes due 2022

* Pricing of $500 million aggregate principal amount of 0.50 percent convertible senior notes due 2022

* Synaptics Inc - expects to use net proceeds from sale of notes to pay off about $123.8 million outstanding under, and terminate, its term loan facility

* Synaptics Inc - expects to use net proceeds from sale of notes to repurchase approximately $94 million aggregate amount of shares of its common stock Source text for Eikon: Further company coverage:

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