Isuzu says to raise Y30 bln in CB issue

Newswire

TOKYO, Dec 22 (Reuters) - Japanese truck maker Isuzu Motors Ltd said on Monday it plans to issue 30 billion yen ($278.1 million) in convertible bonds to help fund capital expenditures and research and development. The yen-denominated convertible bonds will mature on January 6, 2008, and carry a coupon of 100 yen, Isuzu said in a statement. They will be issued on January 7. Nomura Trust & Banking Co Ltd, a unit of Nomura Holdings Inc , will lead manage the issue. Isuzu shares closed ...

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