Roper Industries to pay interest on convertibles due 2034 next January

By Susanna Moon

Chicago, July 16 - Roper Industries, Inc. said its senior subordinated convertible notes due 2034 will accrue contingent interest for the semiannual period that began July 16.

The company will pay contingent cash interest of about $1.99 per note on Jan. 16 to holders of record as of Dec. 31, according to a press release.

Total contingent interest for the semiannual period is expected to be about $43,000.

The diversified industrial technology company is based in Sarasota, Fla.

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