Taiyo Yuden : NOTICE TO THE HOLDERS of the outstanding Taiyo Yuden Co., Ltd. (the "Company") ¥20,000,000,000 Zero Coupon Convertible Bonds due 2021 (the "Bonds") (23KB)
July 05, 2018 at 02:54 am EDT
Share
NOTICE TO THE HOLDERS of the outstanding
Taiyo Yuden Co., Ltd. (the "Company")
¥20,000,000,000 Zero Coupon Convertible Bonds due 2021 (the "Bonds")
(ISIN: XS1008564848 Common Code: 100856484)
NOTICE IS HEREBY GIVEN by the Company to the holders of the outstanding ¥20,000,000,000 Zero Coupon Convertible Bonds due 2021 (ISIN: XS1008564848 Common Code: 100856484), that the Company is exercising its early redemption option contained in Condition 7.3 of the terms and conditions of the Bonds (the "Conditions"), and will redeem all of the outstanding Bonds on 6 August 2018 in accordance therewith.
Unless the context otherwise requires, capitalised terms defined in the Conditions shall have the same meanings when used herein.
Details of such redemption are set out below:
Redemption Date:
6 August 2018
Redemption Price:
100% of the principal amount of each
Bond.
Manner of Redemption:
All of the Bonds outstanding are being
redeemed.
Conversion Price as of the date of this notice:
¥2,054.0 per Share.
Closing Price of the Shares on 4 July 2018, the
¥3,210 per Share.
latest practicable date prior to the publication of
this notice:
Last day on which the Stock Acquisition Rights
3:00 p.m. (Dublin time), 1 August 2018
may be exercised:
Aggregate principal amount of the Bonds
¥20,000,000,000
outstanding as of 4 July 2018, the latest
practicable date prior to the publication of this
notice:
By: TAIYO YUDEN CO., LTD.
Dated: 5 July 2018
Attachments
Original document
Permalink
Disclaimer
Taiyo Yuden Co. Ltd. published this content on 05 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 July 2018 06:53:03 UTC
Taiyo Yuden Co., Ltd. specializes in the design, manufacturing and marketing of electronic components. Net sales break down by family of products as follows:
- ceramic capacitor (64.9%);
- modules (15.6%);
- ferrites for inductors (13.8%);
- other (5.7%): primarily ceramic microchips.
Net sales break down by market between communication equipment (32%; mobile phones, etc.), IT infrastructure and industrial equipment (24%), automotive (19%), IT equipment (15%; computers and peripherals) and consumer electronics (10%; TV-sets, digital cameras, game consoles, etc.).
Net sales are distributed geographically as follows: Japan (9.7%), China (35.8%), Hong Kong (16%) and other (35.8%).
Taiyo Yuden : NOTICE TO THE HOLDERS of the outstanding Taiyo Yuden Co., Ltd. (the "Company") ¥20,000,000,000 Zero Coupon Convertible Bonds due 2021 (the "Bonds") (23KB)
TAIYO YUDEN CO., LTD. 
