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03.25.2005 - Gateway Files Resale Registration Statement Relating to Its Senior Convertible Notes



View Gateway related news. IRVINE, Calif., March 25 /PRNewswire-FirstCall/ -- Gateway, Inc. (NYSE: GTW) today announced the filing with the Securities and Exchange Commission of a resale registration statement on Form S-3 relating to $150 million of its 1.50% Senior Convertible Notes due 2009 and $150 million of its 2.00% Senior Convertible Notes due 2011 and the shares of Gateway common stock, par value $0.01 per share, issuable upon conversion of the notes. Gateway received approximately $291 million in proceeds from the initial sale of the notes, but will not receive any proceeds from the resale of the securities under the registration statement. Sales of notes can only be made by means of a prospectus, copies of which may be obtained from Gateway's Corporate Secretary at 7565 Irvine Center Drive, Irvine, CA 92618.

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NID: 6031 / Submitted by: TACKtech Team
Categories: Press Release
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