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Published on 1/3/2011 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

ASM International to redeem $44.91 million 4.25% convertibles at par

By Toni Weeks

San Diego, Jan. 3 - ASM International NV announced that is has issued a call to redeem all of its 4.25% convertible subordinated notes due 2011.

The notes will be redeemed on Feb. 16 at a redemption price of 100% of the principal amount of $44,909,000 plus accrued interest, according to a press release.

ASM is an Almere, Netherlands-based semiconductor equipment maker.


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