1.   Arai also said the party will propose buying preferred shares and subordinated debentures issued by banks.

2.   It may also propose buying preferred shares and subordinated debentures issued by banks.

3.   The company said its earnings per share reflects the impact of interest paid on its convertible subordinated debentures.

4.   The subordinated debenture holders are expected to challenge the plan.

5.   The tobacco business has been most generous lately to Wall Street dealmakers who know more about auctioning convertible subordinated debentures than Burley tobacco.