November 29, 2017 / 7:13 AM / 18 days ago

BRIEF-BE Semiconductor Industries Offers Senior Unsecured Convertible Bonds For 125 Million Euros

Nov 29 (Reuters) - BE SEMICONDUCTOR INDUSTRIES NV:

* ANNOUNCES € 125 MILLION SENIOR UNSECURED CONVERTIBLE BOND OFFERING‍​

* BONDS ARE DUE 2024‍​

* OFFERS BONDS WITH OPTION TO INCREASE THE OFFERING TO EUR 150 MILLION

* BONDS ARE EXPECTED TO CARRY A COUPON IN THE RANGE OF 0.50% TO 1.25% PER ANNUM

* BONDS WILL BE CONVERTIBLE INTO BESI ORDINARY SHARES

* BONDS ARE EXPECTED TO BE ISSUED ON DECEMBER 6, 2017

* BONDS WILL BE ISSUED AT 100% OF THEIR PRINCIPAL AMOUNT

* BONDS TO BE ADMITTED ON OPEN MARKET SEGMENT OF THE FRANKFURT STOCK EXCHANGE

* MORGAN STANLEY & CO ACTS AS SOLE GLOBAL COORDINATOR AND BOOKRUNNER ON OFFERING Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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