Send us Feedback

LG Display (LPL)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

LPL » Topics » Completion of Issuance of Overseas Convertible Bonds

This excerpt taken from the LPL 6-K filed Apr 20, 2005.

Completion of Issuance of Overseas Convertible Bonds

 

1.    Class of bonds:    Zero coupon convertible bonds due 2010 (direct, unconditional, unsubordinated in right of payment, and subject to a negative pledge covenant, unsecured)
2.    Aggregate face value:    up to USD 475 million (including the greenshoe option of USD 75 million)
3.    Amount of net proceeds on April 19
     A. Foreign currency:    USD 397.5 million (equivalent to KRW 406,046 million)
4.    Course of events     
    

A.     Issuance approval date: April 12, 2005

    

B.     Contract date: April 12, 2005

    

C.     Subscription date: April 12, 2005

    

D.     Closing date: April 19, 2005

5.    Restriction on acquisition and exercise of rights by Korean:
    

–       Pursuant to Article 62-2 of Korean Regulation on Securities Issuance and Disclosure Act, Korean residents (as defined under the Foreign Exchange Transactions Act) shall not acquire the convertible bonds or exercise rights thereunder for one year from the date of bond issuance.

6.    Others     
    

A.     The above aggregate face value of the convertible bonds includes the issued amount of USD 400 million on April 19 plus the greenshoe option of USD 75 million provided to the bookrunners.

    

B.     The above amount of net proceeds of the convertible bonds in U.S. Dollars is the issued amount of USD 400 million on April 19 (without considering the greenshoe option) minus the underwriting commission.

    

C.     The above amount of net proceeds of the convertible bonds in Korean Won is calculated at the exchange rate in effect on April 19, 2005 as firstly announced by Seoul Money Brokerage Services, Ltd. of KRW 1,021.50 to USD 1.00.

    

D.     The greenshoe option of the bookrunners is exercisable from April 12, 2005 to May 12, 2005. The Company will disclose the final amount of net proceeds in a subsequent filing if the greenshoe option is exercised.

7.    Relevant disclosure date: April 12, 2005

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki