Sony to issue $1.9 billion worth convertible bonds: filing

Written By Bersemangat on Rabu, 14 November 2012 | 14.22

TOKYO (Reuters) - Japan's Sony Corp said on Wednesday it will sell 150 billion yen ($1.9 billion) worth of convertible bonds to repay debt and pay for a planned ramping up in CMOS image sensors and other investments, it said in a filing.

Sony said it will also use the money to help pay for its investment in Olympus Corp and its acquisition of U.S. firm Gaikai Inc.

(Reporting by Junko Fujita and Mayumi Negishi; Editing by Michael Watson)


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