Citigroup Unit to Buy $1.7 Billion of Bonds Convertible Into Fujitsu Stock

(Bloomberg) -- Fujitsu Ltd., Japan's biggest
computer-services company, will sell 200 billion yen ($1.7
billion) of bonds convertible into its stock to a unit of
Citigroup Inc.

Citigroup Global Markets Ltd. will buy 100 billion yen of
convertible bonds maturing in May 2010 and another 100 billion
yen due the following year, Tokyo-based Fujitsu said in a
statement today.


Read more at Bloomberg Bonds News