Belden Inc | 6.75% Series B Mandatory Convertible Preferred Stock (BDC.PRB)
Prospectus excerpt: We are offering 4,500,000 depositary shares, each of which represents a 1/100th interest in a share of our 6.75% Series B Mandatory Convertible Preferred Stock, $0.01 par value per share, which we refer to in this prospectus supplement as our mandatory convertible preferred stock. The shares of mandatory convertible preferred stock will be deposited with American Stock Transfer & Trust Company, LLC, as bank depositary, pursuant to a deposit agreement. Holders of the depositary shares will be entitled to a proportional fractional interest in the rights and preferences of the mandatory convertible preferred stock, including conversion, dividend, liquidation and voting rights, subject to the provisions of such deposit agreement.
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Belden is a global supplier of networking solutions built around two global business platforms: Enterprise Solutions (Enterprise) and Industrial Solutions (Industrial). The Enterprise segment provides network infrastructure solutions, as well as cabling and connectivity solutions. Enterprise product lines include copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems. The Industrial segment provides networking components and machine connectivity products. Industrial products include physical network and fieldbus infrastructure components and on-machine connectivity systems. Preferred: BDC.PRB Open the BDC Information Page » |
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