LOAN FOR JAPAN
TO BE FLOATED IN LONDON AND NEW YORK (Rec. February 8, 9.45 p.m.) • New York, February 7. Banking circles have indicated that Japan will refund its entire outstanding sterling loan and finance its reconstruction work by a single loan aggregating about two hundred million dollars. of which fifty million dollars will ho floated in London and the balance in New York. It is stated that ihe new issue wjll carry conversion rights, under which bonds of tho outstanding sterling issue will be exchangeable for the new issue. Bankers declared that the loan will probably be made early next w’eck.—Aus.-N.Z. Cable Assn.
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Bibliographic details
Dominion, Volume 18, Issue 117, 9 February 1924, Page 6
Word Count
104LOAN FOR JAPAN Dominion, Volume 18, Issue 117, 9 February 1924, Page 6
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