Roper Industries Announces Senior Subordinated Convertible Notes Due 2034 Accrue...

Mon Jul 13, 2009 6:27pm EDT
 
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Roper Industries Announces Senior Subordinated Convertible Notes Due 2034
Accrue Contingent Cash Interest


SARASOTA, Fla., July 13 /PRNewswire-FirstCall/ -- 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 period of July 16, 2009 to January 15, 2010 at an annual rate of 0.25% of
the average market price of the Notes for the five trading days ended July 13,
2009. Contingent cash interest, which the Company has determined to be
approximately $0.66 per Note, will be payable to holders of the Notes as of
the record date of December 31, 2009, with such payment expected to be made on
January 15, 2010. Contingent interest will not be payable with respect to any
Note converted prior to the January 15, 2010 interest payment date.

About Roper Industries
Roper Industries is a market-driven, diversified growth company and is a
component of the Fortune 1000, S&P Midcap 400 and the Russell 1000 Indexes.
Roper provides engineered products and solutions for global niche markets,
including water, energy, radio frequency and research/medical applications.
Additional information about Roper Industries is available on the Company's
website at www.roperind.com.


SOURCE  Roper Industries, Inc.

Investor Relations, +1-941-556-2601, investor-relations@roperind.com

 

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