Nov 04, 2009 (M2 EQUITYBITES via COMTEX News Network) -- 3 November 2009 - Morgan Stanley & Co International plc and Rabo
Securities/KBC Financial Products are acting as joint bookrunners for
ASM International NV's EUR130m (USD192.4m) convertible bonds, ASMI said
today.
The Dutch chipmaker is issuing the debt to cover general business
needs. The maturity is set 2014 and there is an option of an increase
to EUR150m.
ASMI also said it has inked a new three-year revolving credit facility
of at least EUR50m with Morgan Stanley (NYSE:MS) and Rabobank, which
substitutes an existing credit with Rabobank.
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