News Release
Tokyo - November 10, 2010 – Ricoh Company, Ltd.(TSE: 7752, “RICOH”)(President & CEO: Shiro Kondo) hereby notifies you of partial early redemption of the Zero Coupon Convertible Bonds due 2011 (the “Bonds”) before maturity as outlined below.
Convertible Bonds Details
1. | Date of early redemption: December 7,2010 |
2. | Reason: The holders of the Bonds have exercised the Put Option granted in clause 7.5 of the Terms and Conditions of the Bonds |
3. | Content (1) Principal amount of Bonds outstanding before redemption: JPY 55,000,000,000 (2) Total amount of early redemption: JPY 52,780,000,000 (3) Principal amount of the Bonds outstanding after redemption: JPY 2,220,000,000 |
[Reference] |
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(1) Date of issuance: December 7,2006 (2) Total amount of issue: JPY 55,000,000,000 (3) Maturity date: December 7,2011 (4) Coupon: Zero (5) Conversion price: JPY 2,800 per share |