June 23, 2009 (FinancialWire) — Rambus Inc. (NASDAQ: RMBS) plans to offer $150 million of convertible senior notes due 2014 in an underwritten registered public offering. Credit Suisse Securities (NYSE: CS) and J.P. Morgan Securities (NYSE: JPM) will serve as joint book-running managers.

The company plans to grant the underwriters a 12-day option to purchase up to an additional $22.5 million of the notes to cover over-allotments.

Prior to March 15, 2014, the notes will be convertible only upon specified events and, thereafter until maturity, at any time.

Rambus plans to use the net proceeds from the offering for general corporate purposes, which may include financing potential acquisitions and strategic transactions, repayment of Rambus’ zero coupon convertible senior notes due 2010, and working capital.

Los Altos, California-based Rambus is a technology licensing company specializing in the invention and design of high-speed memory architectures.

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