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Prospect News home > News index > List of issuers H > Headlines for Hitachi Metals, Ltd. > News item
Published on 8/27/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Hitachi Metals investors put ¥19.9 billion 0% convertibles due 2016

By Devika Patel

Knoxville, Tenn., Aug. 27 - Hitachi Metals, Ltd. said holders of the company's ¥20 billion in zero-coupon convertible bonds due 2016 have exercised their put option, requiring the company to buy back ¥19.895 billion of the convertibles on Sept. 13.

The Minato-Ku, Japan, company makes high-grade metal products and materials, electronics and information components and high-grade functional components.


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