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Square Enix raise $386 million

Getting ready to splash cash?
Bengt Lemne 19 January 2010

Square Enix have announced that they have raised $386 million (35 billion yen) through a zero-coupon convertible bond. The company already had 80 billion yen in available cash, but also have an older debt of 50 billion yen that needs to be repaid in November. Regardless it does look like Square Enix is readying cash to be available if any further acquisitions were to become available. Last year Square Enix gobbled up British publisher Eidos.

(pictured Final Fantasy XIII)

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