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Prospect News home > News index > List of issuers N > Headlines for NEC Tokin Corp. > News item
Published on 12/19/2008 in the Prospect News Convertibles Daily.

NEC Tokin plans redemption of its 0% convertibles at par

By Devika Patel

Knoxville, Tenn., Dec. 19 - NEC Tokin Corp. said it will redeem the remainder of its ¥15 billion in zero-coupon convertible bonds at par on the redemption date, Jan. 19.

The company said there are ¥1.14 billion of the bonds outstanding.

Based in Tokyo, NEC Tokin makes and sells electronic devices, including capacitors.


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