ITOCHU Announces Issuance of Straight Bonds for Individual Investors
January 17, 2014
ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereinafter “ITOCHU”) announced today that it has determined the following terms and conditions for the issuance of straight bonds for individual investors. Details are as follows:
Profile of Straight Bonds
| Name | ITOCHU’s 76th series of unsecured straight bonds (with inter-bond pari passu clause) |
|---|---|
| Total amount issued | 30 billion yen |
| Denomination of each bond | 0.1 million yen |
| Interest rate | 0.560% |
| Issue price | 100% of the principal amount |
| Redemption price | 100% of the principal amount |
| Offering period | from January 20, 2014 to January 30, 2014 |
| Payment date | January 31, 2014 |
| Redemption date |
January 29, 2021 |
| Rating |
AA- Japan Credit Rating Agency, Ltd. (JCR) |
| Underwriters |
Mizuho Securities Co., Ltd. Daiwa Securities Co. Ltd. SMBC Nikko Securities Inc. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. |
| Bond administrators |
Mizuho Bank, Ltd. Sumitomo Mitsui Banking Corporation The Bank of Tokyo-Mitsubishi UFJ, Ltd. |
This is an announcement to make public the issuance of straight bonds and is not intended for investment solicitation.