ATMI Plans $100 Million Convertible Offering

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ATMI (ATMI) plans to sell $100 million of convertible subordinated notes.

The Danbury, Conn., film-materials maker said the notes will be due 2006 and proceeds will be used for general corporate purposes. There's a $15 million over-allotment option.

The company also named a new executive, Chin Seong Lee, to oversee Asian business development for its Emosyn smart-card venture.