Hikari Tsushin, Inc.
Notice Regarding Unsecured Bond Issuance
Hikari Tsushin, Inc. has decided to issue the 55th unsecured bond totaling 91 billion yen with an interest rate of 2.52% and a redemption date of March 12, 2030.
Key Figures
- Total Issuance Amount: JPY 91 billion
- Interest Rate: Annual 2.52%
- Redemption Date: March 12, 2030 (4-year bond)
AI要約
Outline of Capital Policy
Hikari Tsushin, Inc. has decided to issue the 55th unsecured bond (with pari passu clause among bonds). The total issuance amount is 91 billion yen, with each bond denominated in units of 500,000 yen. The interest rate is 2.52% per annum, and the issuance price and redemption amount are 100 yen per 100 yen denomination of each bond. The payment date is March 12, 2026, and the redemption date is March 12, 2030, with a 4-year maturity. Interest payments will be made twice annually on March 12 and September 12. The funds raised will be used for bond redemption and loan repayments.
Impact on Shareholders and Investors and Management System
The lead managing securities companies for this bond issuance include Mizuho Securities Co., Ltd. and several other major securities firms. The bond administrator is Mizuho Bank, Ltd., and the transfer agent is the Japan Securities Depository Center, Inc. Credit ratings have been obtained from Japan Credit Rating Agency, Ltd. (A+) and Rating and Investment Information, Inc. (A), ensuring creditworthiness. This issuance is part of financing activities and does not cause any dilution of shares.
