Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > FEI Company to Redeem Its 5.5% Convertible Subordinated Notes

Abstract:
FEI Company (NASDAQ:FEIC) has called for the redemption on January 24, 2008, of its 5.50% Convertible Subordinated Notes due August 15, 2008 (the "Notes"). There is approximately $45.9 million aggregate principal amount of the Notes outstanding.

FEI Company to Redeem Its 5.5% Convertible Subordinated Notes

HILLSBORO, OR | Posted on January 5th, 2008

Prior to 5:00 p.m., New York City time, on January 23, 2008, holders may convert their Notes into shares of the Company's Common Stock at a conversion price of $49.52 per share of Common Stock (which is equal to a conversion rate of approximately 20.1939 shares of the Company's Common Stock per $1,000 principal amount of Notes). Cash will be paid in lieu of fractional shares. On January 2, 2008, the last reported sale price of the Company's Common Stock on the Nasdaq Global Market was $24.24 per share.

Alternatively, holders may have their Notes redeemed at a total cash redemption price of approximately $1,024.60 per $1,000 principal amount of Notes, consisting of $1,000.00 principal amount plus accrued interest of approximately $24.60. Any Notes not converted on or before 5:00 p.m., New York City time, on January 23, 2008, will be automatically redeemed on January 24, 2008, after which interest will cease to accrue.

A Notice of Redemption and a Letter of Transmittal (which may be used to surrender Notes for conversion or redemption) are being mailed to all registered holders of the Notes. Copies of the Notice of Redemption and the Letter of Transmittal may be obtained from the conversion and redemption agent, The Bank of New York Trust Company, N.A. (as successor to BNY Western Trust Company), by calling Mr. Randolph Holder at 212-815-5098.

####

About FEI Company
FEI (Nasdaq: FEIC) is a world leader in providing pioneering technologies and applications that deliver imaging solutions for 3D characterization, analysis and modification/prototyping capabilities with resolutions down to the sub-Angstrom level. Our customers, working in advanced research and manufacturing, are supported by field-experienced applications specialists, and open access to FEI's prestigious global user network. FEI's NanoPorts in North America, Europe and Asia provide centers of technical excellence where our world-class community of customers and specialists collaborate on the ongoing development of new solutions. FEI has sales and service operations in more than 50 countries around the world.

For more information, please click here

Contacts:
Treasurer & Investor Relations Director
Fletcher Chamberlin
503-726-7710

Copyright © FEI Company

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Geoffrey Beach: Drawn to explore magnetism: Materials researcher is working on the magnetic memory of the future April 25th, 2017

Using light to propel water : With new method, MIT engineers can control and separate fluids on a surface using only visible light April 25th, 2017

Graphene holds up under high pressure: Used in filtration membranes, ultrathin material could help make desalination more productive April 24th, 2017

Nanoparticle vaccine shows potential as immunotherapy to fight multiple cancer types April 24th, 2017

Investments/IPO's/Splits

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

Harris & Harris Group Issues Its Financial Statements as of December 31, 2016, Posts Its Annual Shareholder Letter, And Will Host a Conference Call for Shareholders on Friday, March 17, 2017 March 15th, 2017

Harris & Harris Group Announces the Filing of Preliminary Proxy Materials Detailing Its Proposed Conversion From a BDC to a Registered Closed-End Fund January 24th, 2017

Harris & Harris Group Issues Reminder for Shareholder Update Call on January 10, 2017 January 10th, 2017

Announcements

Geoffrey Beach: Drawn to explore magnetism: Materials researcher is working on the magnetic memory of the future April 25th, 2017

Using light to propel water : With new method, MIT engineers can control and separate fluids on a surface using only visible light April 25th, 2017

Graphene holds up under high pressure: Used in filtration membranes, ultrathin material could help make desalination more productive April 24th, 2017

Nanoparticle vaccine shows potential as immunotherapy to fight multiple cancer types April 24th, 2017

Tools

Geoffrey Beach: Drawn to explore magnetism: Materials researcher is working on the magnetic memory of the future April 25th, 2017

NanoMONITOR shares its latest developments concerning the NanoMONITOR Software and the Monitoring stations April 21st, 2017

Nanomechanics, Inc. Unveils New Product at ICMCTF Show April 25th: Nanoindentation experts will launch the new Gemini that measures the interaction of two objects that are sliding across each other not merely making contact April 21st, 2017

MSP Corporation Announces a New Breakthrough in Monodisperse Droplet Generation April 19th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project