June 16, 2003 – Hillsboro, OR – Lattice Semiconductor has announced plans to offer approximately $200 million in zero-coupon convertible subordinated notes. The convertible bonds, which can be exchanged for shares, will come due in 2010.
Lattice, which is scheduled to be delisted from the Philadelphia Stock Exchange on June 23, plans to use the sale’s proceeds for working capital and general corporate purposes.