Notice of early redemption of convertible bonds
October 09 2009 - 4:01AM
UK Regulatory
TIDM84ZB
RNS Number : 5203A
Nipro Corporation
09 October 2009
Notice of early redemption of JPY14,000,000,000 Zero Coupon Convertible Bonds
due 2023
(ISIN:XS0171568370 )
Nipro Corporation
Nipro Corporation(the "Company") announces that the Company has decided to
exercise a call option to redeem all outstanding bonds of the JPY14,000,000,000
Zero Coupon Convertible Bonds due 2023 (the "Bonds") of the Company issued on 18
July 2003.
In summary:
+----------------------+---------------------------------------------------+
| Bonds to be Redeemed | JPY14,000,000,000 Zero Coupon Convertible Bonds |
| | due 2023 of Nipro Corporation |
+----------------------+---------------------------------------------------+
| Date of the | 9 November 2009 |
| redemption | |
+----------------------+---------------------------------------------------+
| Redemption Amount | All of the outstanding bonds |
| | (Outstanding amount: JPY615,000,000 as of 8 |
| | October 2009) |
+----------------------+---------------------------------------------------+
| Redemption Price | 100% of principal amount |
+----------------------+---------------------------------------------------+
| Reason for | Exercise of the call option contained in |
| Redemption | Condition 4.2 of the Terms and Conditions of the |
| | Bonds |
+----------------------+---------------------------------------------------+
This notice is given by Nipro Corporation.
9 October 2009
This information is provided by RNS
The company news service from the London Stock Exchange
END
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