Feintool International Holding's 2.0% convertible bond 2004-2009 placed in an issue lead managed by swissfirst Bank AG, Zurich, has been successfully subscribed and paid up. As announced on 16 March 2004, the proceeds from this convertible bond issue are to be used in part to refinance the 1 7/8% convertible bond 2000-2005. The Feintool International Holding has decided to redeem the 1 7/8% convertible bond 2000-2005 early. The bond will be redeemed at par (100%) on 14 June 2004 in accordance with the terms of issue.
1 7/8% convertible bond 2000-2005
Swiss security ID code / ISIN / Ticker
1042639 / CH0010426390 / FTO00
For further information, please contact:
Feintool International Holding
Reto Welte, CFO
Phone +41 (0)32 387 51 11, fax +41 (0)32 387 57 81
The press release can be downloaded from the following link:
