Cosmo Energy Holdings Co Ltd (5021.T)
23 Jan 2019
Latest Key Developments (Source: Significant Developments)
Cosmo Energy Holdings to issue 2022 due euro-yen denominated convertible bonds with subscription warrants
Nov 19(Reuters) - Cosmo Energy Holdings Co Ltd <5021.T>:Says it will issue 2022 due euro-yen denominated convertible bonds with subscription warrants, worth 60 billion yen.Says issue price at 102.5 percent of par value with coupon rate of 0 percent .Says issue date on Dec. 5 (London time).Says warrants with the convertibles can be exercised during the period from Dec. 19, 2018 to Nov. 21, 2022.Bonds maturity date on Dec. 5, 2022.Proceeds raised will be used for fund for investment and lending. Full Article
Jan 29 (Reuters) - Arakawa Chemical Industries Ltd <4968.T>:Says it plans to set up a JV Chiba Arkon Production, Limited with Cosmo Energy Holdings Co Ltd <<<5021.T>>> and Maruzen Petrochemical in February.Says the JV will be capitalized at 2 billion yen and be mainly engaged in manufacture and sales of hydrogenated petroleum resin .Says it will hold 51 percent stake in the JV. Full Article
TOKYO/SEOUL, Nov 19 Refiners in Japan and South Korea are looking to resume Iranian oil imports from January after receiving waivers from U.S. sanctions on Tehran, sources familiar with the matter said.