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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 10/9/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

ASM International calls all €150 million of 6.5% convertibles at par

By Tali David

Minneapolis, Oct. 9 - ASM International NV plans to redeem all €150 million of its outstanding 6.5% senior convertible bonds, according to a press release.

The convertibles will be redeemed at par plus accrued interest on Nov. 27.

The bonds will remain convertible through Nov. 20. The conversion price is €16.53. The company's stock closed at €26.96 (NYSE Euronext: ASM) on Monday.

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


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