Photronics expects $85.2M from stock and note sale

Electronic imaging technology supplier Photronics Inc. said on Friday it has priced a convertible note and stock offering, and expects to raise $85.2 million.

Photronics said it will sell 9.6 million shares for $4.15 each in a public offering. Underwriters have an option to buy another 1.4 million shares.

Photronics also said it has priced an offering of $50 million in unsecured …