STMicro extends convertible bond offering

August 25, 2003 – STMicroelectronics N.V., Geneva, Switzerland, has increased the size of its offering of senior zero coupon convertible bonds due 2013 by 15%, and raised total proceeds to $1.4 billion. The bonds, which trade on the Luxembourg Stock Exchange, have a conversion price of $33.43 per common share, a 55% premium above the company’s common share price.


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