Aichi Steel Funds 30 Billion Yen to Expand Steels and Forgings Output

摘要

Aichi Steel announced on Thursday it issues unsecured convertible bonds with share warrant for the 5th time. The firm raises totally 30 billion yen with the bond issue in order to strengthen output equipment for special steel and forged auto parts, when Toyota Motor Corporation, the main customer for Aichi Steel, increases the output domestically and abroad.