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Published on 7/28/2009 in the Prospect News Convertibles Daily.

Nihon Dempa holders to put ¥3.05 billion 0% convertibles due 2011

By Susanna Moon

Chicago, July 28 - Nihon Dempa Kogyo Co. Ltd. said it expects holders to put ¥3.05 billion of its zero-coupon convertible bonds due 2011 on Aug. 24.

After the redemption, ¥250 million of the convertibles will remain outstanding.

The company originally issued ¥10 billion of the notes in 2006.

Nihon Dempa is a Tokyo-based maker of crystal-related products used in electronics.


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