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THQ To Offer $90 Million Of Convertible Notes

July 29, 2009 (FinancialWire) — THQ Inc. (NASDAQ: THQI) plans to offer $90 million of convertible senior notes due in 2014.

The company intends to use all of the net proceeds of this offering for general corporate purposes.

THQ has also granted to the initial purchaser of the notes the right to purchase up to an additional $10 million of notes to cover overallotments.

Agoura Hills, California-based THQ is a developer and publisher of interactive entertainment software. The company develops its products for game systems, personal computers and wireless devices.

The company sells product through its network of offices located throughout North America, Europe and Asia Pacific.

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