NIS announces $304 mln capital boost from TPG
TOKYO, Dec 10 (Reuters) - Japanese lender NIS Group Co (8571.T: Quote, Profile, Research, Stock Buzz) said on Monday it would issue 20 billion yen ($179 million) worth of new shares and warrants to U.S. private equity firm TPG [TPG.UL] to boost its capital.
NIS said TPG would also invest about $125 million in its China leasing unit. ($1=111.45 Yen) (Reporting by Nathan Layne)
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