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Toppan investors put 99% of ¥60 billion zero-coupon convertibles due 2024
By Susanna Moon
Chicago, March 10 - Toppan Printing Co. Ltd. said bondholders exercised the put option on ¥59.56 billion of the company's ¥60 billion zero-coupon convertible bonds due 2024.
The redemption date is March 29. The settlement date is March 30.
There will be ¥440 million of the bonds outstanding after the redemption.
Toppan is a Tokyo-based printing company.
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