Synaptics holders may convert 0.75% notes due 2024 in first quarter

By Jennifer Chiou

New York, Jan. 3 - Synaptics Inc. announced that holders of its 0.75% convertible senior subordinated notes due 2024 may convert their securities during the first quarter of 2014.

According to a press release, the notes became convertible because the company's closing common stock price exceeded the conversion trigger price for at least 20 trading days during the 30 consecutive trading days ended Dec. 31.

Questions may be directed to Bryan Anderson at American Stock Transfer & Trust Co., LLC (718 921-8200, ext. 6457).

Synaptics is San Jose, Calif.-based developer of interface services for the mobile computing, communications and entertainment industries.

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