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Published on 9/7/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Fukuyama Transporting holders put ¥6.27 billion convertibles due 2025

By Marisa Wong

Madison, Wis., Sept. 7 - Fukuyama Transporting Co., Ltd. gave notice that bondholders of its ¥25.3 billion of outstanding interest bearing discounted convertible bonds due 2025 exercised the put option in part.

The bondholders put ¥6.27 billion of the bonds on Sept. 30.

The redeemed bonds have been canceled.

After the redemption ¥19.03 billion of the bonds remains outstanding.

Fukuyama is a Fukuyama, Japan-based freight transportation company.


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