This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Nidec Announces Partial Early Redemption Of Convertible Bonds Due 2015 At The Option Of Certain Bondholders

KYOTO, Japan, Sept. 20, 2013 (GLOBE NEWSWIRE) -- Nidec Corporation (the "Company") (NYSE:NJ) announced today that it has confirmed the exercise by certain bondholders of the right described in Paragraph (E) "Early redemption at the option of the holders of the Bonds with Stock Acquisition Rights (other than upon occurrence of a Corporate Event or Delisting Event)" of Item 5 "Matters concerning the Bonds" in the "Description" section of the Company's press release captioned "Notice of Issuance of Euro Yen Convertible-Bonds-Type Bonds with Stock Acquisition Rights Due 2015," dated September 2, 2010 ( ), as shown below.

Upon the partial early redemption, the redeemed Bonds will be cancelled.  
Date of the partial early redemption: 20 September 2013
Aggregate principal amount of the Bonds subject to the exercise of the put option: JPY 4,250,000,000
Aggregate principal amount of the Bonds outstanding after the partial early redemption: JPY 95,750,000,000
Aggregate principal amount of the Bonds outstanding before the partial early redemption: JPY 100,000,000,000
CONTACT: Masahiro Nagayasu
         General Manager
         Investor Relations

Nidec Corporation

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,803.84 -9.55 -0.05%
S&P 500 2,092.34 +3.47 0.17%
NASDAQ 5,131.8050 +15.6620 0.31%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs