NHK Spring to raise USD 100 million by issuance of convertible bonds   [ Japan ]

NHK Spring Co., Ltd. announced that it will raise approximately USD 100 million (JPY 10.5 billion) through an issuance of U.S. dollar-denominated convertible bonds. By the end of 2015, the procurement funds will be appropriated to capital expenditures and business funds for its subsidiaries in Mexico and the United States, as well as to research and development activities for the next-generatio...