Roper Industries to pay contingent interest on convertibles due 2034

By Marisa Wong

Madison, Wis., Jan. 17 - Roper Industries, Inc. announced that its senior subordinated convertible notes due 2034 will accrue contingent interest for the semiannual period beginning Jan. 16.

The company expects to pay $1.42 per note on July 16 to holders of record as of June 30.

The total contingent interest payment is expected to be $200,000.

Based in Sarasota, Fla., Roper provides engineered products and solutions for niche markets such as water, energy and medical.

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