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Published on 5/17/2011 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Japan Airlines repurchases ¥2.05 billion convertibles due 2011

By Toni Weeks

San Diego, May 17 - Japan Airlines Corp. repurchased ¥2,045,000,000 of zero-coupon guaranteed convertible bonds due 2011 on May 11.

Following this, the outstanding balance of the notes is ¥16,654,000,000.

Japan Airlines is based in Tokyo.


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