RealNetworks holders put nearly all zero-coupon convertibles

By Angela McDaniels

Tacoma, Wash., July 8 - RealNetworks, Inc. said holders of $99.9 million principal amount at maturity of its zero-coupon convertible subordinated notes due 2010 put their notes back to the company.

A put option for the notes expired at 5 p.m. ET on July 1, according to an 8-K filing with the Securities and Exchange Commission.

The company said it accepted all of the put notes for purchase and will pay par.

Following the put, about $0.1 million principal amount at maturity of notes remains outstanding.

Seattle-based RealNetworks provides network-delivered digital media products and services.

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