Tokyo Century Corporation
Notice on Decision of Issuance Conditions for Public Hybrid Bonds (Subordinated with Special Provisions)
Issuance of hybrid bonds (subordinated with special provisions) in a total amount of 20 billion yen. Initial rate 3.245%, maturity date September 17, 2061, with early redemption clause. Capital evaluation suggested as “medium to high” by multiple rating agencies.
Key Figures
- Total issue price: 200 億円
- Initial rate: 年3.245%
- Maturity date: 2061 年9月17日
- Interest payment dates: 毎年3月17日及び9月17日
AI要約
Section Heading
This disclosure informs the decision of issuance conditions for a publicly offered hybrid bond, detailing the initial issuance conditions amounting to 20 billion yen, interest rate, maturity date, early redemption provisions, interest payment dates, credit rating, and classification as capital. The issuance format is a domestic public offering, primarily targeting institutional investors, which is a key point.
Section 2 Heading
Notes are provided on early redemption conditions, expected refinancing securities, and the evaluation method for capital classification, implying flexibility in financial strategy and impact on capital structure. Attention is needed for future financial soundness assessments and the development of the capital policy.
Tokyo Century Corporation
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