Samsung 1999 Annual Report Download - page 61

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12. Foreign Currency Notes and Bonds:
Unsecured foreign currency notes and bonds at December 31, 1999 consist of the following:
Due Date Thousands of Korean Won
ECU denominated floating rate notes ( A ) May 16, 2000 122,420,352
US$ denominated straight bonds ( B ) November 1, 2002 178,619,403
DM denominated straight bonds ( C ) March 24, 2000 176,481,000
denominated straight bonds ( D) April 23, 2003 165,920,136
DM denominated straight bonds ( E ) December 16, 2001 176,481,000
US$ denominated straight bonds ( F ) October 1, 2027 114,540,000
US$ denominated straight bonds ( G ) October 1, 2002 175,091,571
Convertible bonds ( H ) December 31, 2006 18,911,736
Convertible bonds ( I ) December 31, 2007 178,650,695
Convertible bonds ( J ) February 1, 2004 117,300,000
Convertible bonds ( K ) July 30, 2002 120,470,000
Convertible bonds ( L ) January 31, 2003 240,640,000
1,785,525,893
Less: current maturities (299,056,662)
Add: premiums 1,158,941
Less: discounts (6,556,876)
Add: long-term accrued interest 3,110,418
Less: conversion rights (68,652,265)
1,415,529,449
(A) ECU denominated floating rate notes -
On May 16, 1995, the Company issued ECU 80 million (US$106,880,000) of floating rate notes. These notes are listed on the
Luxembourg Stock Exchange, bear interest at ECU Libor plus 0.375% and will mature on May 16, 2000. The Company also
entered into a currency swap contract with Union Bank of Switzerland.
(B) US$ denominated straight bonds -
On November 1, 1992, the Company issued straight bonds of US$200 million at 99.5% of face value for the expansion of its
semiconductor product manufacturing facilities. The bonds bear interest at 8.5% per annum and mature on November 1, 2002.
The Company redeemed US$44,055,000 of these bonds during 1998 and 1999.
(C) DM denominated straight bonds -
On March 24, 1995, the Company issued straight bonds of DM300 million at 101.75% of face value. The bonds bear interest at
7.5% per annum and mature on March 24, 2000.
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