Verint Systems (VRNT) Ratings on Review for Upgrade at Moody's
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Verint Systems (VRNT) Announces 5M Common, $345M Conv. Notes Offering
June 9, 2014 4:36 PM EDTVerint® Systems Inc. (Nasdaq: VRNT) announced its intention, subject to market and other conditions, to commence concurrent underwritten public offerings of 5,000,000 shares of its common stock (or up to 5,750,000 shares if the underwriters in that offering exercise their option to purchase additional shares in full) and $300 million aggregate principal amount of convertible senior notes due 2021 (or up to $345 million in aggregate principal amount if the underwriters in that offering exercise their option to purchase additional notes in full). For the common stock offering, Goldman, Sachs & Co. and Deutsche Bank Securities are acting as lead joint... More
