REDBACK NETWORKS INC
424B3, 2000-12-15
BUSINESS SERVICES, NEC
Previous: WORLDBID CORP, 10QSB, EX-99.1, 2000-12-15
Next: BLUEPOINT LINUX SOFTWARE CORP, S-8, 2000-12-15

Filed Pursuant to Rule 424(b)(3)
File Number 333-39692

PROSPECTUS SUPPLEMENT
(To Prospectus dated July 26, 2000)

$500,000,000



5% Convertible Subordinated Notes due April 1, 2007

(and Shares of Common Stock issuable upon conversion of the Notes)


             This Prospectus Supplement supplements the Prospectus dated July 26, 2000 relating to resales by selling holders of our 5% Convertible Subordinated Notes due April 1, 2007 (the “Notes”) and shares of our common stock into which the Notes are convertible. This Prospectus Supplement is incorporated by reference into the Prospectus, and all terms used herein shall have the meaning assigned to them in the Prospectus. Our common stock is quoted on the Nasdaq National Market under the symbol “RBAK.”


             The information in the table appearing in the prospectus under the heading “SELLING HOLDERS” is superseded in part and supplemented by the information appearing in the following table:

Name of Selling Holders Notes Beneficially Owned Prior to Offering (in $1,000) Notes Offered Hereby (in $1,000) Notes
Beneficially
Owned
After
Offering(1)

(in $1,000)
Number of Shares of Common Stock Beneficially Owned Prior to Offering(2) Number of Shares of Common Stock Offered Hereby Shares of
Common
Stock
Beneficially
Owned
After
Offering(1)(2)

(in $1,000)


# % # %









Berger Growth & Income
   Fund
   8,486    8,486    0    0    44,492    44,492    0    0  
Goldman Sachs and
   Company
   1,700    1,700    0    0    8,913    8,913    0    0  
IPT Berger Growth &
   Income Fund
   559    559    0    0    2,930    2,930    0    0  
Museum of Fine Arts, Boston    30    30    0    0    157    157    0    0  
Parker-Hannifin Corporation    52    52    0    0    272    272    0    0  
ProMutual    110    110    0    0    576    576    0    0  
Putnam Asset Allocation Funds
   — Balanced Portfolio
   220    220    0    0    1,153    1,153    0    0  
Putnam Asset Allocation Funds
   — Conservative Portfolio
   133    133    0    0    697    697    0    0  
Putnam Convertible
   Income-Growth Trust
   4,194    4,194    0    0    21,989    21,989    0    0  
Putnam Convertible Opportunities
   and Income Trust
   77    77    0    0    403    403    0    0  
Putnam High Income Convertible
   and Bond Fund
   118    118    0    0    618    618    0    0  
Strong Large Cap Growth Fund
   Inc.
   1,250    1,250    0    0    6,553    6,553    0    0  
University of Rochester    28    28    0    0    146    146    0    0  

______________



    for purposes of this table, we have assumed that, after completion of the offering, no securities will be held by the selling securityholders.

    (2)   The number of securities beneficially owned is determined under the rules of the SEC and the information is not necessarily indicative of beneficial ownership for any other purpose. Under those rules, beneficial ownership includes any securities as to which the individual has sole or shared voting power or investment power and also any securities which the individual has the right to acquire within 60 days after December 15, 2000 through the exercise of any stock option or other right. The inclusion in the table of securities, however, does not constitute an admission that the selling securityholders are direct or indirect beneficial owners of those securities. The selling securityholders have sole voting power and investment power with respect to all securities of capital stock listed as owned by the selling securityholders.


             See “Risk Factors” Beginning on Page 8 of the Accompanying Prospectus to Read About Factors You Should Consider Before Investing in the Notes or Shares of the Common Stock Offered Hereby.


These securities have not been approved or disapproved by the Securities and Exchange Commission
or any state securities commission nor has the Securities and Exchange Commission or any
state securities commission passed upon the accuracy or adequacy of this Prospectus.
Any representation to the contrary is a criminal offense.


The date of this Prospectus Supplement is December 15, 2000.



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission