AST Research to Sell Subordinated Debentures
AST Research Inc. of Irvine has notified the Securities and Exchange Commission of its intentions to sell $50 million worth of convertible subordinated debentures, due 2007, to help finance the maker of computers and computer parts business operations.
L.F. Rothschild, Unterberg, Towbin Inc. and Shearson Lehman Brothers Inc. are handling the underwriting, which is expected to take place late this month.
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