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View Full Version : Blue Coat Announces Private Placement of $80 Million in Convertible Notes to Partiall


Yahoo! Finance
04-21-2008, 08:10 AM
<b>Yahoo! Finance: Mutual Fund News</b>

SUNNYVALE, Calif.----Blue Coat Systems, Inc. , a leader in WAN Application Delivery and Secure Web Gateway, today announced that it has agreed to issue zero coupon convertible notes, in the aggregate principal amount of $80 million, to Francisco Partners II, L.P. and an affiliate of Elliott Associates, L.P. in a private placement.

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