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Prospect News home > News index > List of issuers N > Headlines for Nihon Dempa Kogyo Co. Ltd. > News item
Published on 4/23/2009 in the Prospect News Convertibles Daily.

Nihon Dempa Kogyo says it will buy back ¥1.85 billion zero-coupon convertibles due 2011

By Devika Patel

Knoxville, Tenn., April 23 - Nihon Dempa Kogyo Co. Ltd. announced it has resolved to repurchase and cancel ¥1.85 billion of its ¥10 billion issued zero-coupon convertible bonds due 2011 on April 28.

After the repurchase, the company will have ¥3.3 billion of the bonds outstanding.

The company is a Tokyo-based maker of crystal-related products used in electronics.


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