This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:JAKKS Pacific® Announces Proposed Private Placement 2009-11-04 06:30 ET - News Release 
Company Website:
http://www.jakks.com
MALIBU, Calif. -- (Business Wire)
JAKKS Pacific, Inc. (NASDAQ:JAKK) today announced that it proposes to
offer, subject to market and other conditions, $85.0 million in
aggregate principal amount of convertible senior notes due 2014 in a
private placement. JAKKS intends to grant the initial purchaser of the
notes a 30-day option to purchase up to $15.0 million in principal
amount of additional notes to cover over-allotments, if any.
The notes will be convertible at any time only upon specified events.
Upon conversion, the notes may be settled, at JAKKS’ election, in cash,
shares of its common stock, or a combination of cash and shares of its
common stock. The interest rate, conversion price and other terms will
be determined by negotiations between JAKKS and the initial purchaser of
the notes. The notes will be senior unsecured obligations of JAKKS and
will rank equal in right of payment with all of JAKKS’ existing and
future senior unsecured indebtedness.
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