The notes will be convertible, subject to the satisfaction of certain conditions, into cash up to the principal amount of such notes and, with respect to any excess conversion value
, into cash or shares of Nuance common stock or a combination thereof, at Nuance's election.
South Korea's foreign reserves fell slightly last month as strong US dollar weakened a conversion value
of non-dollar assets, central bank data showed on Monday.
3 ("Terms of allocation pursuant to the Conversion Right") of the Securities Note, the Company intends to allocate an amount in cash equal to the product of the par value of one ORNANE and the number of ORNANE for which the Conversion Right has been exercised and an amount payable in new and/or existing Cap Gemini's shares (at the option of the Company) corresponding to the product of the number of ORNANE for which the Conversion Right has been exercised and the difference between the Conversion Value
(as defined in the Securities Note) and the par value of one ORNANE.
Upon certain conditions, the notes are convertible into cash up to their principal amount and, with respect to any excess conversion value
, shares of the company's common stock.
dollar reduced the conversion value
of non- dollar assets, central bank data showed Wednesday.
The BOK said that the investment profit gained ground and the strength in the euro and the yen raised their dollar conversion value
, boosting the reserves.
SEOUL -- South Korea's foreign reserves stayed at a record level due to the continued rise in investment returns and an increase in conversion value
of non-dollar denominated assets, central bank data showed yesterday.
50, the lowest price that the conversion value
exceeds the par value).
Upon conversion, holders will receive up to the principal amount of the notes in cash and any excess conversion value
in shares of Volcano's common stock.
Joachim Kundt, CEO, Siemens LLC, comments: "Today Siemens is the only company that offers solutions along the entire energy conversion value
Joachim Kundt, CEO, Siemens, said: "Today Siemens is the only company that offers solutions along the entire energy conversion value
Even as foreign exchange authorities offered dollar liquidity to the market, the foreign reserves rose last month due to higher investment profits and a rise in the dollar conversion value
of non-dollar assets, including the euro, said HaKeun-cheol, an official at the BOK.