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12.16.2004 - Gateway Prices $275 Million Senior Convertible Notes Offering



View Gateway related news. IRVINE, Calif., Dec. 16 /PRNewswire-FirstCall/ -- Gateway, Inc. (NYSE: GTW) today announced the pricing of its offering of $137.5 million of 1.5% Senior Convertible Notes due 2009 and $137.5 million of 2% Senior Convertible Notes due 2011 for an aggregate principal amount of $275 million. Gateway has granted the initial purchasers of the notes an option to purchase up to an additional $25 million aggregate principal amount of the notes. The offering is expected to close on Dec. 21, 2004.

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NID: 4949 / Submitted by: TACKtech Team
Categories: Press Release
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