See all

Press release

ASML to redeem 2.5% Convertible Subordinated Bonds due 2005

Veldhoven, the Netherlands, April 3, 2002

ASML Holding NV announces that in accordance with Section 5(2) of the Terms and Conditions of the 2.5% Convertible Subordinated Bonds due 2005 of ASML Holding NV set forth as Annex 1 to the Global Certificates representing the Bonds, dated as of April 9, 1998, ASML Holding NV has exercised its option to redeem, and does hereby call for redemption and will redeem on May 3, 2002, all of the Company's outstanding Bonds at a redemption price of 100.00% of the principal amount of the Bonds plus accrued interest to, but excluding May 3, 2002. The accrued interest on the Bonds to the Redemption Date will be €0.7563 in the aggregate per NLG 1,000 (or €453.7802) in principal amount of the Bonds.


Each NLG 1,000 (or €453.7802) principal amount of the Bonds is convertible into 23.3118 ordinary shares of the Company, nominal value €0.02 per share, in bearer form, at any time before 5:00 pm, New York City time, on May 2, 2002, the day prior to Redemption Date.


If full conversion takes place, a maximum of 13.794.454 shares will be issued.

About ASML


ASML is one of the world's leading providers of advanced technology systems for the semiconductor industry. The company offers an integrated portfolio of lithography, track and thermal systems mainly for manufacturing complex integrated circuits. Headquartered in Veldhoven, the Netherlands, ASML is traded on the Euronext Amsterdam and on the Nasdaq Stock Market under the symbol 'ASML'. For 2001 the company reported net sales of over €1.8 billion and employs more than 7,000 people in 50 locations throughout the world.

Contact information

  • Brittney Wolff
  • Corporate communications manager US
  • +14084833207