| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers M > Headlines for Mitsui O.S.K. Lines Ltd. > News item |
Mitsui O.S.K. Lines to issue ¥45 billion of 0% convertible bonds
New York, March 13 - Mitsui O.S.K. Lines Ltd. said it plans to issue ¥45 billion of euroyen convertible bonds.
The zero-coupon securities will be issued at 102.5% of par and will mature at par on March 29, 2011. The conversion price could not immediately be determined.
There is a greenshoe for ¥5 billion.
Nomura International plc and Daiwa Securities SMBC Europe Ltd. are the underwriters.
The bonds have a provisional call from March 29, 2009 onwards subject to a 130% hurdle.
Mitsui, a Tokyo-based shipping line, will use proceeds to purchase ships.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.