Hikari Tsushin, Inc.
Notice Regarding Issuance of Unsecured Bonds
Hikari Tsushin, Inc. will issue the 56th and 57th unsecured bonds, each worth 10 billion yen, totaling 20 billion yen. The redemption dates are set for May 1, 2026, for the 5-year bonds and for the 7-year bonds, respectively.
Key Figures
- Total Amount of 56th Unsecured Bond Issuance: 10 billion yen
- Total Amount of 57th Unsecured Bond Issuance: 10 billion yen
- Interest Rates: 2.823% p.a. (56th), 3.510% p.a. (57th)
AI要約
Overview of Capital Policy
Hikari Tsushin, Inc. has decided to issue the 56th and 57th unsecured bonds, raising funds of 10 billion yen each, totaling 20 billion yen. The 56th issuance is a 5-year bond with an interest rate of 2.823%, and the 57th is a 7-year bond with an interest rate of 3.510%. The issue price is 100 yen per bond, which is at face value. The payment date is scheduled for May 1, 2026, and the purpose of funds is for bond redemption. The lead managing securities companies are Nomura Securities, Daiwa Securities, Mizuho Securities, and SMBC Nikko Securities, with Mizuho Bank serving as the bond trustee.
Impact on Shareholders and Credit Ratings
This unsecured bond issuance does not result in direct dilution of shares. The issued bonds come with pari passu provisions limited to bonds issued under the same conditions and have received high credit ratings: A+ from Japan Credit Rating Agency and A from Rating and Investment Information, Inc. This guarantees stable fundraising and is expected to contribute to strengthening the financial foundation.
Hikari Tsushin, Inc.
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