ASML Prices $500 Million Offering of Convertible Subordinated Notes.Business Editors VELDHOVEN, The Netherlands--(BUSINESS WIRE)--Oct. 17, 2001 ASML Holding ASML is a Dutch company and the world’s primary supplier of lithography systems for the semiconductor industry. Of all the major chip producers worldwide, more than 80% are ASML customers. NV ("ASML ASML Abstract State Machine Language ASML Anisotropic Shielded Microstrip Line " or the "Company") announces that it has priced today a $500 million offering of Convertible Subordinated Notes due 2006. The amount of the offering has been increased from $350 million. ASML has also granted the underwriters the right to purchase up to $75 million in additional principal amount of notes to cover over-allotments in connection with the offering. The coupon has been set at 5.75% payable semi-annually on April 15 and October 15 with the final interest payment set for October 15, 2006. The conversion price has been established at $18.66. Unless previously converted, the notes will be redeemed at the redemption price Redemption price See: Call price redemption price 1. The price at which an open-end investment company will buy back its shares from the owners. In most cases, the redemption price is the net asset value per share. 2. of 100% of their principal amount on October 15, 2006. ASML may call the notes for early redemption at any time after October 22, 2004, provided that the Company's shares close above 130% of the conversion price for twenty trading days out of a thirty-day period. Payment and settlement of the notes will take place on October 23, 2001. In connection with this offering, the lead manager may over-allot or effect transactions on Euronext Amsterdam, or 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 United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. |
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