ZEHNTEL <ZNTL> FILES FOR DEBT OFFERING
Zehntel Inc said it filed a
registration statement with the Securities and Exchange
Commission covering a proposed public offering of 13.5 mln dlrs
principal amount of convertible subordinated debentures.
    The offering will be managed by Sutro and Co Inc, Zehntel
said.
    It said proceeds from the proposed sale will be used to
repay bank debt, fund a deposit of the first three interest
payments on the debenture, repurchase 350,000 common shares at
4.46 dlrs per share from former parent company Plantronics Inc
<PLX> and to fund future product development and marketing.
 Reuter
