Casio 2008 Annual Report Download - page 44

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42 CASIO COMPUTER CO., LTD.
4. At a meeting of the Board of Directors at Casio held on June 3, 2008, it was decided to issue euro-denominated convertible bonds
falling due in 2015, with the following terms.
(1) Total amount of issue: ¥50,000 million ($500,000 thousand)
(2) Value of issue: 100% of face value amount (face value of bonds: ¥10 million ($100 thousand))
(3) Issue price (offer price), 102.5% of the face value of the bond
(4) Date of issue: June 19, 2008
(5) Interest rate: Not applicable
(6) Method of redemption: Redemption at 100% of face value
(7) Due date March 31, 2015
(8) Conversion price ¥1,952 ($19.52)
(9) Period of conversion: July 3, 2008 to March 17, 2009
(10) Amounts incorporated in paid-in capital: ¥976 ($9.76) (par value portion)
(11) Details of collateral: None
(12) Use of funds
The funds raised through the business transfer will be principally applied to strengthening the earnings capabilities of the
Company’s Electronics segment through research and development as well as investment in facilities. A portion of the funds will be
applied to the future redemption of corporate bonds and the repayment of bank borrowings.