June 27 (Reuters) - Optiva Inc OPT.TO :
* OPTIVA PROVIDES NOTICE OF REDEMPTION OF PREFERRED SHARES AND ANNOUNCES US$90 MILLION OFFERING OF SECURED DEBENTURES AND RELATED GOVERNANCE CHANGES
* OPTIVA - ENTERED INTO BINDING AGREEMENTS FOR A US$90 MILLION HIGH YIELD OFFERING (THE "OFFERING") OF 9.75% SECURED PIK TOGGLE DEBENTURES DUE 2025
* OPTIVA - INTENDS TO USE THE NET PROCEEDS FROM THE OFFERING TO REDEEM THE PREFERRED SHARES