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BRIEF-NCXX Group to issue 300 mln yen denominated convertible bonds with warrants
May 26, 2016 / 8:21 AM / a year ago

BRIEF-NCXX Group to issue 300 mln yen denominated convertible bonds with warrants

May 26 (Reuters) - NCXX Group Inc :

* Says the co to issue sixth series unsecured corporate bonds worth 300 million yen through private placement

* Says face value of 100 mln yen and issue price at 100 yen per face value of 100 yen

* Says interest rate of 0.7 percent

* Says payment date on June 13

* Says proceeds to be used for development of M2M products, investment in device business and capital alliance

Source text in Japanese:goo.gl/S3OVuA

Further company coverage: (Beijing Headline News)

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