ASML Prices EUR 330 Million Offering of Convertible Subordinated Notes.Business Editors VELDHOVEN, the Netherlands--(BUSINESS WIRE)--May 8, 2003 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. N.V. (ASML ASML Abstract State Machine Language ASML Anisotropic Shielded Microstrip Line ) announces that it has priced today a EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 330 million offering of Convertible Subordinated Notes due 2010. The amount of the offering has been increased from EUR 300 million. ASML has also granted the underwriters the right to purchase up to EUR 50 million additional principal amount of notes to cover over-allotments in connection with the offering. The coupon has been set at 5.5% payable annually on May 15 with the final interest payment set for May 15, 2010. The conversion price has been established at EUR 14.30. 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 May 15, 2010. ASML may call the notes for early redemption at any time after May 22, 2006, provided that ASML's shares close above 150% of the conversion price for twenty trading days out of a thirty-day period. Payment and settlement of the notes will take place on or around May 15, 2003. 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 for a limited period. However, there may be no obligation on the lead manager to do this. Such stabilizing, if commenced, may be discontinued at any time and must be brought to an end after a limited period. The Notes are not and will not be offered anywhere in the world other than to persons who trade or invest in securities in the conduct of their profession or trade (which includes banks, securities intermediaries (including dealers and brokers), insurance companies, pension funds, other institutional investors and commercial enterprises which as an ancillary activity regularly invest in securities). 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 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. About ASML ASML is the world's leading provider of lithography systems for the semiconductor industry, manufacturing complex machines that are critical to the production of integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. or chips. Headquartered in Veldhoven, the Netherlands, ASML is traded on Euronext Amsterdam and NASDAQ under the symbol ASML. For more information, visit the Web site at www.asml.com. |
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