Asus 2008 Annual Report Download - page 54

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II. Arrangement of corporate bond:
(I)
Arrangement of c orporate bond:
1. ECB
Type of corporate bond The 1st convertible bond
Date of issuance (process) January 15, 2004
Face value US$1,000 or the multiples
Location of issuance and trade Europe, Asia
Luxembourg Stock Exchange Corporate
Issuing price Stock with premium issued at 100.5% of face value
Total amount The principal of corporate bond is US$320 million
Interest rate 0%
Term Five-year term
Due date: January 15, 2009
Guarantee institute -
Trustee New York Bank
Underwriter Merrill Lynch International (Taiwan)
Attorney -
CPA Ernst & Young
CPA Ming-Yu Lee and Mushen Chen
Solvency
Except for the corporate bond redeemed, called,
cancelled, or converted, the issuing company will have
the corporate bond redeemed for an amount equivalent to
95.5745% of the face value.
Outstanding Principals US$0 (up to the date of the report printed)(Note)
Redeemed or liquidated before
maturity date
(
a) Once the corporate bonds are issued for over two
years, if the closing price of the company’ s common
stock at SEC is equivalent to 120% of the conversion
price in U.S. Dollar (according to the fixed exchange
rate on the negotiation day) for twenty working days
consecutively according to the exchange rate of the
day, the company may have the corporate bonds
redeemed at the face value partly or totally.
(
b) Once over 95% of the company’ s corporate bonds are
redeemed, called, and/or converted, the company may
have corporate bonds redeemed at face value entirely.
(
c) If the issuing company has to pay extra interest
expense due to the change of tax law in R.O.C., the
company may have corporate bonds redeemed at the
face value entirely.
Restrictive clauses The corporate bonds may not be collected, sold, or
delivered in R.O.C.
Rating institute, rating date, corporate
bond rating
-