Monday, April 30, 2007

Hitachi, Toshiba, Mitsubishi Electric File Applications to Sell Yen Bonds

(Bloomberg) -- Hitachi Ltd., Toshiba Corp. and Mitsubishi Electric Corp. may sell yen denominated bonds in Japan to repay debt and raise funds for their businesses as interest rates remain stable.

Hitachi, Japan's largest electronics maker, filed an application to sell as much as 300 billion yen ($2.5 billion) of bonds, according to an April 27 company filing to Japan's finance ministry.


Read more at Bloomberg Bonds News

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