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Nipro holders put 95.6% of ¥14 billion zero-coupon convertibles
By Susanna Moon
Chicago, July 6 - Nipro Corp. said investors exercised the put option on ¥13,385,000,000 of its ¥14 billion zero-coupon convertible bonds due 2023.
The redemption date is July 31. Settlement will also occur on July 31.
There will be ¥615 million of the bonds outstanding after redemption.
Nipro is a Osaka-shi, Japan-based company that manufactures medical devices, pharmaceutical products and medical and glass products.
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