Notice of early redemption of convertible bonds


 

TIDM84ZB 
 
RNS Number : 5203A 
Nipro Corporation 
09 October 2009 
 

Notice of early redemption of JPY14,000,000,000 Zero Coupon Convertible Bonds 
due 2023 
(ISIN:XS0171568370 ) 
 
 
Nipro Corporation 
 
 
Nipro Corporation(the "Company") announces that the Company has decided to 
exercise a call option to redeem all outstanding bonds of the JPY14,000,000,000 
Zero Coupon Convertible Bonds due 2023 (the "Bonds") of the Company issued on 18 
July 2003. 
 
 
In summary: 
 
 
+----------------------+---------------------------------------------------+ 
| Bonds to be Redeemed | JPY14,000,000,000 Zero Coupon Convertible Bonds   | 
|                      | due 2023 of Nipro Corporation                     | 
+----------------------+---------------------------------------------------+ 
| Date of the          | 9 November 2009                                   | 
| redemption           |                                                   | 
+----------------------+---------------------------------------------------+ 
| Redemption Amount    | All of the outstanding bonds                      | 
|                      | (Outstanding amount: JPY615,000,000 as of 8       | 
|                      | October 2009)                                     | 
+----------------------+---------------------------------------------------+ 
| Redemption Price     | 100% of principal amount                          | 
+----------------------+---------------------------------------------------+ 
| Reason for           | Exercise of the call option contained in          | 
| Redemption           | Condition 4.2 of the Terms and Conditions of the  | 
|                      | Bonds                                             | 
+----------------------+---------------------------------------------------+ 
 
 
This notice is given by Nipro Corporation. 
9 October 2009 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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