Roper Industries Announces Senior Subordinated Convertible Notes Due 2034 to Accrue Contingent Cash Interest
SARASOTA, Fla., Jan. 15, 2014 /PRNewswire/ -- Roper Industries, Inc. (NYSE: ROP) announced today that its Senior Subordinated Convertible Notes due 2034 (CUSIP No. 776696AA4) (the "Notes") will accrue contingent interest for the semi-annual period beginning January 16, 2014. Contingent cash interest of approximately $2.19 per Note is expected to be paid on July 15, 2014 to holders of the Note as of June 30, 2014, the record date. Total contingent interest for the semi-annual period is expected to be approximately $30,000.
About Roper Industries
Roper Industries is a diversified growth company and is a constituent of the S&P 500, Fortune 1000, and the Russell 1000 indices. Roper provides engineered products and solutions for global niche markets, including software information networks, medical, water, energy, and transportation. Additional information about Roper is available on the company's website at www.roperind.com.
SOURCE Roper Industries, Inc.