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Published on 6/2/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Takefuji holders put all ¥41.4 billion outstanding 1.5% convertibles

By Susanna Moon

Chicago, June 2 - Takefuji Corp. said holders have exercised the put option on ¥41.4 billion principal amount of its ¥70 billion 1.5% convertible bonds due 2018.

The redemption date is June 19.

There was ¥41.4 billion principal amount of the bonds outstanding as of May 31. The bonds were issued June 19, 2008.

The issuer is a Tokyo-based consumer finance company.


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