VLSI <VLSI> PLANS DEBT OFFERING
VLSI Technology Inc said it
plans to file a registration statement with the Securities and
Exchange Commission in mid-April covering a proposed
underwritten public offering of 50 mln dlrs principal amount of
convertible subordinated debentures.
    The company said it plans to use proceeds from the offering
to fund growth and for capital expenditures associated with
increasing manufacturing capacity.
 Reuter
