Japan Airport Terminal Co., Ltd.
Notice Regarding Issuance of Unsecured Straight Bonds
Japan Airport Terminal Co., Ltd. will issue its 7th unsecured straight bonds amounting to 10 billion yen (5 years) and 8th unsecured straight bonds amounting to 20 billion yen (10 years), with proceeds to be allocated for capital expenditures and repayment of borrowings.
Key Figures
- Total Amount of 7th Unsecured Bonds: 10 billion yen (5 years, interest rate 2.147%)
- Total Amount of 8th Unsecured Bonds: 20 billion yen (10 years, interest rate 2.874%)
- Payment Date: 2026-04-16
AI要約
Overview of Capital Policy
Japan Airport Terminal Co., Ltd. has decided to issue the 7th unsecured straight bonds (with pari passu among bonds covenant) totaling 10 billion yen with a 5-year term and an interest rate of 2.147%, and the 8th unsecured straight bonds totaling 20 billion yen with a 10-year term and an interest rate of 2.874%. The payment date is set for April 16, 2026, and the funds raised will be allocated to capital expenditures and repayment of borrowings. The underwriters are Nomura Securities, Mizuho Securities, Mitsubishi UFJ Morgan Stanley Securities, and Daiwa Securities, with Mitsubishi UFJ Bank and Mizuho Bank acting as financial agents.
Impact on Shareholders and Investors
Through this issuance of unsecured straight bonds, the company aims to diversify its financing methods and enhance financing stability. The bond issuer rating is A+ by R&I, positioning this as highly creditworthy financing. The maturities are 5 and 10 years, contributing to medium- to long-term funding plans. There will be no dilution of shares, and by allocating proceeds to debt repayment, it is expected to help maintain financial soundness.
