Japan's Aeon to issue 100 bln yen convertible bonds

TOKYO, Nov 10 (Reuters) - Japan's second-largest retailer, Aeon Co Ltd (8267.T), said on Tuesday it would raise 100 billion yen ($1.11 billion) through a convertible bond issue to service debt payments.

The company said its shares outstanding shares would rise by about 14 percent if all of the convertible rights are exercised and new shares are allocated. ($1=89.94 Yen) (Reporting by Taiga Uranaka)