Headhunter slake. (Wall Street West).(Korn/Ferry International Inc. raises $50 million)(Brief Article)

From: Los Angeles Business Journal | Date: September 30, 2002| Author: Cole, Benjamin Mark | Copyright information

Korn/Ferry International Inc. managed through some financial contortions to raise $50 million in a market that grudgingly gives up its pennies to public companies seeking capital.

According to a mid-September filing with the Securities and Exchange Commission, Korn/Ferry sold $50 million in convertible bonds and stock in June to San Francisco-based Friedman Fleischer & Lowe LLC in a private placement.

Both the bonds and stock yield 7.5 percent. If converted, t...

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