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Published on 12/11/2013 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

KDDI's zero-coupon convertibles converted ahead of early redemption

By Marisa Wong

Madison, Wis., Dec. 11 - KDDI Corp. said that all of its outstanding zero-coupon convertible bonds due 2015 have been converted.

The company had issued a separate announcement that it exercised the early redemption option on the bonds.

KDDI is a Tokyo-based telecommunications operator.


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