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Takefuji funds put on all ¥41.4 billion outstanding 1.5% convertibles
By Susanna Moon
Chicago, June 17 - Takefuji Corp. said it provided funds to the fiscal agent for the redemption of all remaining ¥41.4 billion of its original ¥70 billion of 1.5% convertible bonds due 2018.
The company noted on June 2 that holders exercised the put option on all ¥41.4 billion principal amount of the bonds outstanding as of May 31.
The redemption date is June 19.
The bonds were issued June 19, 2008.
The issuer is a Tokyo-based consumer finance company.
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