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Renesas Rises on Report of Possible Sale of Subordinated Bonds

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Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - June 03, 11:57PM from (www.bloomberg.com)

By Naoko Fujimura - 2012-06-04T02:25:24Z


Renesas Electronics Corp. (6723) rose by a record in Tokyo trading after the Nikkei newspaper reported that the company may sell subordinated bonds to NEC Corp. (6701) and two other major shareholders.
The world’s biggest maker of automotive microcontroller...


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