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Prospect News home > News index > List of issuers N > Headlines for Nihon Dempa Kogyo Co. Ltd. > News item
Published on 10/24/2008 in the Prospect News Convertibles Daily.

Nihon Dempa to buy back ¥500 million of its 0% convertibles due 2011

By Devika Patel

Knoxville, Tenn., Oct. 24 - Nihon Dempa Kogyo Co. Ltd. announced it will buy back and cancel ¥500 million of its ¥10 billion issued zero-coupon convertible bonds due 2011 on Oct. 30.

After the repurchase, the company will have ¥8.5 billion of the bonds outstanding.

Nihon Dempa is a Tokyo-based maker of crystal-related products used in electronics.


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