| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item |
Ricoh investors put ¥52.78 billion of zero-coupon convertible bonds
By Devika Patel
Knoxville, Tenn., Nov. 10 - Ricoh Co. Ltd. reported that holders exercised their put option for ¥52.78 billion of the company's ¥55 billion of zero-coupon convertible bonds due 2011.
The company will repurchase the bonds on Dec. 7, according to a 6-K filed Wednesday with the Securities and Exchange Commission.
Following this, there will be ¥2.22 billion of the convertibles remaining. The bonds may be converted into shares at ¥2,800 per share.
Ricoh is a digital office service provider, offering a range of networked products, printers, fax machines, semiconductor-related products and digital cameras. The company has 83,400 employees worldwide.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.