SKYLARK TO ISSUE 20 BILLION YEN CONVERTIBLE BOND
Skylark Co Ltd <SKLK.T> said it will issue
a 20 billion yen nine-year unsecured convertible bond in the
domestic capital market through public placement with Nomura
Securities Co Ltd as lead manager.
    Coupon and conversion price for par-priced bond maturing
June 28, 1996, will be set at its board meeting to be held in
mid-June and payment is due on July 1, the company said in a
statement. Skylark's share price fell 10 yen to 2,880 on the
Tokyo Stock Exchange today.
 REUTER
