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ASML Launches an Offering of Convertible Subordinated Notes with an Aggregate Principal Amount of $350 Million.


Business Editors

VELDHOVEN, The Netherlands--(BUSINESS WIRE)--Oct. 17, 2001

ASML Holding NV (ASML ASML Abstract State Machine Language
ASML Anisotropic Shielded Microstrip Line
)(NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:ASML) announces that it has launched a $350 million offering of Convertible Subordinated Notes due 2006 to qualified institutional investors qualified institutional investor

An institutional investor that is permitted by the Securities and Exchange Commission to trade private placement securities without registering the securities with the SEC.
.

ASML will also grant the underwriters the right to purchase up to $52.5 million additional principal amount of notes to cover over-allotments in connection with the offering.

ASML intends to use the net proceeds Net Proceeds

The amount received after all costs are deducted from the sale of a piece of property or security.

Notes:
In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions).
 from the offering for general corporate purposes.

In connection with this offering, the lead manager may over-allot or effect transactions on Euronext Amsterdam, Nasdaq or in the over-the-counter market over-the-counter market

Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict.
 which stabilize or maintain the market price of the Notes or the shares into which the Notes are convertible at a level which might not otherwise prevail on those markets. Such stabilizing, if commenced, may be discontinued at any time.

The Notes may only be offered, transferred, delivered or sold anywhere in the world to persons who trade or invest in securities in the conduct of their profession or trade.

This document does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein. The notes will not be registered under the U.S. Securities Act of 1933 and may not be sold or offered within the United States except pursuant to an exemption from the registration requirements under that Act.

"Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" Statement under the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995: the matters discussed in this document include forward-looking statements that are subject to risks and uncertainties including, but not limited to, economic conditions, product demand and industry capacity, competitive products and pricing, manufacturing efficiencies, new product development, ability to enforce patents, availability of raw materials and critical manufacturing equipment, trade environment, and other risks indicated in filings with the U.S. Securities and Exchange Commission.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 17, 2001
Words:306
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