 |
| 5. CONSOLIDATED FINANCIAL STATEMENTS |
(8) Subsequent event
On September 29, 2008, the board of directors resolved that NTT may raise up to 130 billion yen by issuing bonds or incurring long-term borrowings during the period from October 1 to December 31, 2008. Based on this resolution, NTT issued bonds as follows:
|
Series 55 Nippon Telegraph and Telephone straight bonds
| Date of payment |
|
October 31, 2008 |
| Issue amount |
|
70 billion yen |
| Issue price |
|
100yen per 100yen |
| Interest rate |
|
1.22% |
| Date of maturity |
|
October 31, 2012 |
| Use of proceeds |
|
Purchase of treasury stock and operating cash |
|
|
Copyright (c) 2008 Nippon telegraph and telephone corporation |
|
