by CBR Staff Writer| 23 August 1995

Burr-Brown Corp, Tucson, Arizona designer and manufacturer of high-performance analogue and mixed signal integrated circuits has filed with the US Securities & Exchange Commission to offer 1.75m shares, all new, to raise an indicated $58m or so net for expansion of manufacturing capacity and working capital. Hambrecht & Quist LLC will act as lead underwriter, with Cowen & Co as co-manager.

Ross Technology Inc, Fujitsu Ltd's Austin, Texas Sparc chip design and fabrication company, has filed to go public with an initial offering of up to 2.75m shares, all new, at a target price of $14 to $16 each. to raise some $35m to repay revolving credit debt, finance the relocation and expansion of its manufacturing facility, pay accrued dividends to Fujitsu and for working capital. Fujitsu currently owns 92.9%, and will be diluted down to 79% by the offering. Underwriters for the issue are Robertson, Stephens & Co and PaineWebber Inc.

SHL Systemhouse Inc raised some $120m before expenses with an issue of senior subordinated notes due September 1 2002. The notes, noncallable for four years and with a 12.25% coupon were priced at par. Lead manager for the issue was Merrill Lynch & Co.

Post a comment

Comments may be moderated for spam, obscenities or defamation.

Join our network

754 people like this.
0 people follow this.


Suppliers Directory

  • Webroot - Security Solutions

    Webroot provides industry leading security solutions for consumers, enterprises and small and medium businesses worldwide.

  • Capscan

    Capscan is a leading supplier of international address management solutions and data integrity services. Capscan has more than 1800 customers...

  • Qualys - IT security risk and compliance solutions

    Qualys is the leading provider of on demand IT security risk and compliance solutions - delivered as a service. Qualys solutions enable...

  • Neverfail Overview

    The Neverfail Group is dedicated to creating a world where business applications are continuously available. High Availability, Disaster Recovery...

See more
Privcy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.