Ferrotec Completes Early Redemption of Euro-Yen Convertible Bonds

TOKYO, Jun 23 (Pulse News Wire) – Ferrotec Corporation (6890.T) completed the early redemption of its 2028 maturity Euro-yen convertible bonds with detachable subscription warrants on June 22, 2026. According to the company's previous announcements dated March 26, 2026, and April 16, 2026, Ferrotec exercised its call option rights to redeem the remaining outstanding bonds ahead of schedule.

The total issuance amount was ¥25.00 billion (par value). Details of the monthly exercise status for June 2026 will be disclosed later.

Key points of the bond issue include: - Bond name: Ferrotec Corporation 2028 Maturity Euro-yen Convertible Bonds with Detachable Subscription Warrants - Issuance date: June 23, 2023 - Exercise deadline for subscription warrants: June 17, 2026 - Original maturity date: June 23, 2028 - Early redemption date: June 22, 2026 - Total issuance amount: ¥25.00 billion The early redemption amount was ¥20 million. Further details on the June 2026 exercise status will be released subsequently.