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Japan Display confirms plans to raise up to JPY 110 billion in fresh capital

Monday 1 April 2019 | 08:42 CET | News
Japan Display announced plans to raise up to JPY 110 billion in new financing. In a statement responding to media reports, the company said it aims to reach an agreement this week "with certain parties" that would lead to the issue of JPY 60-80 billion in stock and bonds. In addition, JDI's existing debt to shareholder INCJ would be refinanced through the underwriting of preference shares.   

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Categories: Mobile & Wireless
Companies: Apple / Japan Display
Countries: World
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