Brief: J Trust unit to buy convertible bonds of Group Lease

J Trust

31/10/2016 07:14

Oct 31 (Reuters) - J Trust  8508.T  
     
    * Says unit JTRUST ASIA will buy $50 million convertible 
bonds of Group Lease PPL  GL.BK   
    * Says interest rate at 5 percent with period of three years 
and bonds could be converted to 25 million shares (14.3 percent 
stake) of Group Lease 
     
    Source text in Japanese:https://goo.gl/yfzOdi 
    Further company coverage: 8508.T  
 
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