Press Release
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
February 7, 2008
QIMONDA AG
Gustav-Heinemann-Ring 212
D-81739 Munich
Federal Republic of Germany
Tel: +49-89-60088-0
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F or Form 40-F.
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.
If Yes is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): 82-________.
Explanatory Note
This Report on Form 6-K contains a press release of Qimonda AG dated February 7, 2008
announcing the terms of a convertible bond offering by Qimonda Finance LLC.
News Release Presseinformation
Qimonda announces pricing of convertible notes offering
Munich, February 7, 2008 Qimonda Finance LLC, a wholly owned subsidiary of Qimonda AG, announced
today the pricing of its Senior Unsecured Convertible Notes due 2013 (the Notes) in the aggregate
principal amount of USD 217.6 million. Investor demand enabled
Qimonda to increase the size of the offering of Notes so that they
are convertible into a total of 30 million American Depositary Shares
(ADSs) from the initially planned 25 million ADSs. The conversion
price was fixed at USD 7.25 for each ADS, corresponding to a
conversion premium of 35% above the
reference share price of USD 5.37, subject to adjustments in certain circumstances. The Notes will
pay interest semi-annually at a rate of 6.75% per annum. In addition,
Qimonda Finance granted the underwriters an option to purchase up to
an additional USD 30.4 million aggregate principal amount of the
Notes to cover over-allotments, if any. Application is expected to be made for the
Notes to be listed on the Open Market of the Frankfurt Stock Exchange. The transaction is expected
to close on February 13, 2008, subject to the satisfaction of closing conditions.
Concurrently with this transaction, Infineon Technologies AG, Qimondas majority shareholder,
entered into a share lending agreement with an affiliate of Credit Suisse, pursuant to which
Infineon has agreed to lend Qimonda ADSs to the affiliate. Under the share lending agreement, the
share borrower has sold 17.5 million of those ADSs in a registered public offering at a price per
share of USD 4.97 to facilitate investors hedges of their positions in the Notes. The affiliate of
Credit Suisse will receive all of the proceeds from the sale of the borrowed ADSs; Qimonda will not
receive any of the proceeds from these sales.
For the Business and Trade Press
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Public Relations |
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Name |
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Phone |
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E-mail |
Worldwide Headquarters |
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Michael Kraft |
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+49 89 60088 1400 |
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michael.kraft@qimonda.com |
U.S.A. |
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Donna Wilson |
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+1 408 501 7188 |
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donna.wilson@qimonda.com |
Asia |
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Isabel Chen |
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+886 2 8170 8177 |
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isabel.chen@qimonda.com |
Japan |
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Kenichi Sugiyama |
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+81 3 5745 7495 |
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kenichi.sugiyama@qimonda.com |
Investor Relations Worldwide |
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Steve Harrison |
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+1 919 677 6904 |
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steve.harrison@qimonda.com |
Investor Relations Europe & Asia |
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Andreas Schaller |
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+49 89 60088 1200 |
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andreas.schaller@qimonda.com |
Page 2 of 3
Qimonda intends to use the proceeds of the sale of the Notes for general corporate purposes.
Citi, Credit Suisse and Deutsche Bank Securities are acting as joint bookrunners for the offering,
and ABN AMRO Inc., JP Morgan and UniCredit are serving as co-managers.
Copies of the prospectus can be obtained from Citigroup Global Markets Inc., Brooklyn Army
Terminal, 140 58th Street, 8th Floor, Brooklyn NY 11220 (Tel: +1-877-858-5407), Credit Suisse
Securities (USA) LLC, Prospectus Department, One Madison Avenue, New York, NY 10010 (Tel:
+1-800-221-1037) or Deutsche Bank Securities Inc., Prospectus Department, 100 Plaza One, Second
Floor, Jersey City, NJ 07311 (Tel: +1-800-503-4611). It may be also accessed through our website at
www.qimonda.com or directly through the U.S. Securities and Exchange Commission at www.sec.gov.
About Qimonda
Qimonda AG (NYSE: QI) is a leading global memory supplier with a broad diversified DRAM product
portfolio. The company generated net sales of Euro 3.61 billion in its 2007 financial year and has
approximately 13,500 employees worldwide. Qimonda has access to five 300mm manufacturing sites on
three continents and operates six major R&D facilities. The company provides DRAM products for a
wide variety of applications, including in the computing, infrastructure, graphics, mobile and
consumer areas, using its power saving technologies and designs. Further information is available
at www.qimonda.com.
For the Business and Trade Press
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Public Relations |
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Name |
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Phone |
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E-mail |
Worldwide Headquarters |
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Michael Kraft |
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+49 89 60088 1400 |
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michael.kraft@qimonda.com |
U.S.A. |
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Donna Wilson |
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+1 408 501 7188 |
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donna.wilson@qimonda.com |
Asia |
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Isabel Chen |
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+886 2 8170 8177 |
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isabel.chen@qimonda.com |
Japan |
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Kenichi Sugiyama |
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+81 3 5745 7495 |
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kenichi.sugiyama@qimonda.com |
Investor Relations Worldwide |
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Steve Harrison |
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+1 919 677 6904 |
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steve.harrison@qimonda.com |
Investor Relations Europe & Asia |
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Andreas Schaller |
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+49 89 60088 1200 |
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andreas.schaller@qimonda.com |
Page 3 of 3
Disclaimer:
This press release shall not constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities, in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to the registration or qualification under the
securities laws of any such state or jurisdiction.
Certain statements in this press information, and other written or oral statements made by or on
behalf of Qimonda AG, are forward-looking statements within the meaning of the U.S. federal
securities laws. All statements, other than statements of historical facts, including statements
regarding Qimondas future results of operations and financial position, Qimondas business
strategy and plans, and Qimondas objectives for future operations, are forward-looking statements
within the meaning of these laws. In some cases, you can identify forward-looking statements by
terminology such as may, will, should, expects, intends, plans, anticipates,
believes, thinks, estimates, seeks, predicts, potential, and similar expressions.
Although Qimonda believes that these statements are based on reasonable assumptions, they are
subject to numerous factors, risks and uncertainties that could cause actual outcomes and results
to be materially different from those projected. These factors, risks and uncertainties include
those listed under Risk Factors and elsewhere in the prospectus filed with the U.S. Securities
and Exchange Commission on September 10, 2007, including those documents incorporated therein by
reference, as part of the registration statement on Form F-3 and the prospectus supplement, subject
to completion, dated February 5, 2008, as filed with the SEC. Those factors, among others, could
cause Qimondas actual results and performance to differ materially from the results and
performance projected in, or implied by, the forward-looking statements. As you read and consider
the prospectus, you should carefully understand that the forward-looking statements are not
guarantees of performance or results. These factors expressly qualify all subsequent oral and
written forward-looking statements attributable to Qimonda or persons acting on Qimondas behalf.
New risks and uncertainties arise from time to time, and Qimonda cannot predict those events or how
they may affect us. Except for any ongoing obligations to disclose material information as required
by the federal securities laws, Qimonda does not have any intention or obligation to update
forward-looking-statements after the date of this press information.
For the Business and Trade Press
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|
|
|
|
|
|
Public Relations |
|
Name |
|
Phone |
|
E-mail |
Worldwide Headquarters |
|
Michael Kraft |
|
+49 89 60088 1400 |
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michael.kraft@qimonda.com |
U.S.A. |
|
Donna Wilson |
|
+1 408 501 7188 |
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donna.wilson@qimonda.com |
Asia |
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Isabel Chen |
|
+886 2 8170 8177 |
|
isabel.chen@qimonda.com |
Japan |
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Kenichi Sugiyama |
|
+81 3 5745 7495 |
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kenichi.sugiyama@qimonda.com |
Investor Relations Worldwide |
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Steve Harrison |
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+1 919 677 6904 |
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steve.harrison@qimonda.com |
Investor Relations Europe & Asia |
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Andreas Schaller |
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+49 89 60088 1200 |
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andreas.schaller@qimonda.com |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this press release to be signed on its behalf by the undersigned, thereunto duly authorized.
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QIMONDA AG
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Date: February 7, 2008 |
By: |
/s/ Kin Wah Loh |
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Kin Wah Loh |
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Chief Executive Officer and Chairman of the Management Board |
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By: |
/s/ Dr. Michael Majerus |
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Dr. Michael Majerus |
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Chief Financial Officer and Member of the Management Board |
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