Nidec Announces Partial Early Redemption of Convertible Bonds Due 2015 at the Option of Certain Bondholders Euro Yen Convertible-Bonds-Type Bonds With Stock Acquisition Rights Due 2015 (the "Bonds") (ISIN: XS0511612623; Common Code: 051161262) KYOTO, Japan, Sept. 20, 2013 (GLOBE NEWSWIRE) -- Nidec Corporation (the "Company") (NYSE:NJ) announced today that it has confirmed the exercise by certain bondholders of the right described in Paragraph (E) "Early redemption at the option of the holders of the Bonds with Stock Acquisition Rights (other than upon occurrence of a Corporate Event or Delisting Event)" of Item 5 "Matters concerning the Bonds" in the "Description" section of the Company's press release captioned "Notice of Issuance of Euro Yen Convertible-Bonds-Type Bonds with Stock Acquisition Rights Due 2015," dated September 2, 2010 ( http://www.nidec.com/~/media/nidec-com/en-global/ir/news/2010/news0042/100902-01.pdf ), as shown below. Upon the partial early redemption, the redeemed Bonds will be cancelled. Date of the partial early redemption: 20 September 2013 Aggregate principal amount of the Bonds subject to the JPY 4,250,000,000 exercise of the put option: Aggregate principal amount of the Bonds outstanding after JPY 95,750,000,000 the partial early redemption: (Reference) Aggregate principal amount of the Bonds outstanding before JPY 100,000,000,000 the partial early redemption: CONTACT: Masahiro Nagayasu General Manager Investor Relations +81-75-935-6140 firstname.lastname@example.org Nidec Corporation
Nidec Announces Partial Early Redemption of Convertible Bonds Due 2015 at the Option of Certain Bondholders
Press spacebar to pause and continue. Press esc to stop.