Kobe Bussan to issue 60 billion yen in convertible bonds with share subscription rights

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Kobe Bussan will issue 60 billion yen in convertible bonds with share subscription rights. The funds raised will be used for M&A and share buybacks. The company, listed on the Tokyo Stock Exchange Prime Market, announced the move after the close of trading on the 29th.

Impact on assets 1

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Kobe Bussan Co., Ltd.
3038
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Kobe Bussan will issue 60 billion yen in convertible bonds with share subscription rights, using proceeds for M&A and share buybacks.