BELLEVUE, Wash.-Western Wireless Corp. said it intends to sell $100 million of convertible subordinated notes due 2023, which will be convertible into Western Wireless Class A common stock.
The offering will be made to institutional buyers in an unregistered offering and will include the option for initial purchasers to acquire up to an additional $15 million principal amount of the notes.
Western Wireless said proceeds from the sale would be used for general corporate purposes.
