Fujitsu 2002 Annual Report Download - page 47

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45
20. Subsequent events
The Company issued Convertible Bonds as following after the year ended March 31, 2002.
•Name of the Bonds:
Fujitsu Limited, Convertible Bonds due 2009 (convertible bonds type-Bonds with Stock Acquisition Rights,
tenkansyasaigata shinkabu yoyakuken-tsuki shasai) (the “Bonds”)
•Total amount of issue of the Bonds:
¥250,000 million ($1,879,699 thousands)
•Issue price of the Bonds:
100% of the principal amount of the Bonds (The principal amount of each Bond is ¥5,000,000)
•Offer price of the Bonds:
102% of the principal amount of the Bonds
•Final redemption price of the Bonds:
100% of the principal amount of the Bonds
•Coupon:
No coupon
•Date of payment and date of issuance:
May 27, 2002 (maturity : May 27, 2009)
•Use of proceeds:
The net proceeds of the Bonds will be applied towards the repayment of bonds and certain long-term and
short-term debt, the making of certain strategic investments in growth areas such as the Services and
Software business, and for other general corporate purposes.
•The number of acquisition rights issued:
50,000
•Security of the Bonds:
Unsecured and unguaranteed
•Exercise period:
On and after June 10, 2002 up to and including May 13, 2009 (If the Bonds shall be redeemed prior to may
13, 2009, then up to the close of business on the business day immediately prior to the date fixed for
redemption thereof.)
•Amount to be paid upon exercise of the Stock Acquisition Right:
Amount to be paid upon exercise of the Stock Acquisition Right is equal to Issue Price of the Bonds and the
initial price at which a Share shall be acquired upon exercise of the Stock Acquisition Right (the “Conversion
Price”) is ¥1,201.
•Issuer’s Call Option:
The Bonds may be redeemed at the option of Fujitsu under certain conditions including, but not limited to, in
case, after 3 years from the issuance of the Bonds, if the closing price of the Shares for each of the 20
consecutive trading days is at least 130% of the Conversion Price then in effect, Fujitsu may redeem all of the
Bonds at their principal amount.