IR News
【PARK24 Co., Ltd. 】PARK24 Co., Ltd. Announces Purchase and Cancellation of Convertible Bonds
PARK24 Co., Ltd. hereby gives notice of the partial purchase and cancellation by the Company of the 15,000,000,000 yen Zero Coupon Convertible Bonds due 2026. Details are as follows:
|
Name of the Bonds |
PARK24 Co., Ltd. |
|
Date of cancellation |
September 3, 2009 (scheduled) |
|
Amount to be cancelled |
1,500 yen million |
|
Principal amount outstanding after cancellation |
10,150 yen million |
|
Impact on financial results of the Company |
It is estimated that the purchase and cancellation will generate a gain on cancellation of 15 yen million. |
(Reference)
Major Contents of PARK24 Co., Ltd. 15,000,000,000 yen Zero Coupon Convertible Bonds due 2026
|
Issue date |
April 10, 2006 (London time) |
|
Total amount of issue |
15,000 yen million |
|
Principal amount outstanding before cancellation |
11,650 yen million |
|
Maturity date |
April 10, 2026 (London time) |
|
Interest rate |
Zero coupon |
|
Conversion price |
2,608.4 yen |