Log In | Become a Member | Contact Us


Market Intelligence for Printing and Publishing

Connect on Twitter | Facebook | LinkedIn

Featured:     Printing Forecast 2018     Production Inkjet     Installations and Placements Tracker

Valassis Seeks to Raise $160 Million

Friday, May 16, 2003

Press release from the issuing company

LIVONIA, Mich., May 15 -- Valassis, the leading company in marketing services and Connective Media(TM), announced today that it intends, subject to market and other conditions, to raise approximately $160 million through an offering of 30-year convertible senior notes to qualified institutional investors. The notes will convert into Valassis' common stock at a premium, to be determined. The Company stated that it intends to use the net proceeds of the offering for general corporate purposes, including the potential repurchase of the Company's outstanding debt.

 

 

SHARE

Email Icon Email

Print Icon Print


Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2018 WhatTheyThink. All Rights Reserved