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Roper Industries Announces Senior Subordinated Convertible Notes Due 2034 to Accrue Contingent Cash Interest


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Published in Science and Technology on Friday, July 15th 2011 at 9:05 GMT by Market Wire   Print publication without navigation


Roper Industries Announces Senior Subordinated Convertible Notes Due 2034 to Accrue Contingent... -- SARASOTA, Fla., July 15, 2011 /PRNewswire/ --

Roper Industries Announces Senior Subordinated Convertible Notes Due 2034 to Accrue Contingent Cash Interest

[ ]

SARASOTA, Fla., July 15, 2011 /PRNewswire/ -- Roper Industries, Inc. (NYSE: [ ROP ]) announced today that its Senior Subordinated Convertible Notes due 2034 (CUSIP No. 776696AA4) (the "Notes") will accrue contingent interest for the semi-annual period beginning July 16, 2011.  Contingent cash interest of approximately $1.29 per Note is expected to be paid on January 16, 2012 to holders of the Note as of December 31, 2011, the record date.  Total contingent interest for the semi-annual period is expected to be approximately $0.2M.  

About Roper Industries

Roper Industries is a diversified growth company and is a constituent of the S&P 500, Fortune 1000, and the Russell 1000 indices. Roper provides engineered products and solutions for global niche markets, including water, energy, transportation, medical, education, and SaaS-based information networks. Additional information about Roper is available on the Company's website at [ www.roperind.com ].

SOURCE Roper Industries, Inc.

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