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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
Report on Form 6-K dated June 10, 2004
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STMicroelectronics N.V.
(Name of Registrant)
39, Chemin du Champ-des-Filles
1228 Plan-les-Ouates, Geneva, Switzerland
(Address of Principal Executive Offices)
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Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):
Yes No X
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Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
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If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with
Rule 12g3-2(b): 82- __________
Enclosure: A press release dated June 8, 2004, announcing the redemption of all
outstanding zero coupon senior convertible bonds due 2010 by
STMicroelectronics N.V.
Geneva, June 8, 2004 - STMicroelectronics (NYSE: STM) announced that the Company
will redeem all of its remaining outstanding Zero Coupon Senior Convertible
Bonds due 2010 (the "2010 Bonds") on July 9, 2004 at a redemption price equal to
$789.76 per $1,000 principal amount. The redemption price is comprised of
$689.68 principal amount at issuance plus the accrued original issue discount
calculated through the date of the redemption of $100.08.
To date, ST has repurchased a nominal amount of $1,980,330,000 of its 2010
Bonds, representing 92.28% of the total amount of 2010 Bonds issued. The
residual nominal amount of the currently outstanding 2010 Bonds is $165,593,000.
Unless the Company defaults on payment of the redemption price, the original
issue discount on the remaining outstanding 2010 Bonds, if any, will cease to
accrue on and after July 9, 2004, the redemption date. The 2010 Bonds may
continue to be converted at any time before the close of business on July 9,
2004. Today's applicable conversion rate is 9.320 ST common shares per $1,000
principal amount. Based on the amount outstanding, if all the remaining holders
of the 2010 Bonds choose to convert their 2010 Bonds into common shares before
July 9, 2004, 1,543,326 ST common shares would be issued.
A notice of redemption is being mailed to all registered holders of the 2010
Bonds.
To redeem the 2010 Bonds, or receive further information concerning this
redemption, please contact:
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Trustee, New York Registrar, New York Paris Paying and Conversion Dutch Registrar
Paying and Conversion Agent: Agent
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The Bank of New York 101 Barclay Street BNP Paribas 16 boulevard des Netherlands Management Company B.V.
Floor 21 West New York, New York 10286 Italiens 75009 Paris, France Herengracht 320 1016 CE Amsterdam The
Netherlands
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About STMicroelectronics
STMicroelectronics is a global leader in developing and delivering semiconductor
solutions across the spectrum of microelectronics applications. An unrivalled
combination of silicon and system expertise, manufacturing strength,
Intellectual Property (IP) portfolio and strategic partners positions the
Company at the forefront of System-on-Chip (SoC) technology and its products
play a key role in enabling today's convergence markets. The Company's shares
are traded on the New York Stock Exchange, on Euronext Paris and on the Milan
Stock Exchange. In 2003, the Company's net revenues were $7.24 billion and net
earnings were $253 million. Further information on ST can be found at
www.st.com.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
STMicroelectronics N.V. has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
STMicroelectronics N.V.
Date: June 10, 2004 By: /s/ PASQUALE PISTORIO
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Name: Pasquale Pistorio
Title: President and Chief Executive Officer
Enclosure: A press release dated June 8, 2004, announcing the redemption of all
outstanding zero coupon senior convertible bonds due 2010 by STMicroelectronics
N.V.