July 29, 2016 / 9:21 AM / a year ago

BRIEF-Line says to raise 16.55 bln yen via private placement

July 29 (Reuters) - Line Corp :

* Says it to issue 5,250,000 shares at the price of 3,151.5 yen per share (16.55 billion yen in total) through private placement to Nomura Securities Co., Ltd and Morgan Stanley & Co. LLC

* Says subscription date Aug. 15 and payment date Aug. 16

Source text in Japanese: goo.gl/VaZE2d

Further company Coverage: (Beijing Headline News)

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