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EFI Proposes Offering of $300 Million Convertible Senior Notes Due 2019

Will use proceeds to pay costs, repurchase stock

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Electronics For Imaging, Inc. (EFI) announced that it intends to offer, subject to market conditions and other factors, $300 million aggregate principal amount of convertible senior notes due 2019 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. In addition, the company intends to grant to the initial purchasers of the notes the right to purchase up to an additional $45 million aggregate principal amount of the notes, exe...

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