Press Kogyo to raise JPY 10 billion through issuance of convertible bonds  [ Japan ]

Press Kogyo Co., Ltd. announced that it will raise approximately JPY 9.975 billion (USD 95.8 million) through an issuance of convertible bonds. JPY 1.3 billion (USD 12.5 million) will be appropriated to its automotive components business for upgrading production lines and expanding capacities at facilities in Japan. In addition, JPY 5.5 billion (USD 52.8 million) will be applied to increasing p...
<Dec 10, 2013>