Asahi Kasei has today determined the terms of the ninth series unsecured straight bonds (with inter-bond pari passu clause) as follows.
1．Total amount of issue
20 billion yen
2．Denomination
100 million yen
3．Interest rate
0.100% per annum
4．Issue price
100 yen per face value of 100 yen
5．Redemption price
100 yen per face value of 100 yen
6．Term and redemption method
i．Maturity date
December 6, 2023
ii．Redemption
Bullet
iii．Retirement by purchase
The bonds may be repurchased at any time from the day following the payment date except as otherwise specified by the book-entry transfer institution
7．Interest payment dates
June 6 and December 6 of each year
8．Offering period
November 29, 2018
9．Payment date
December 6, 2018
10．Collateral and guarantee
The bonds are not secured by any collateral or guarantee, and there are no particular assets reserved for the payment of these bonds
11．Fiscal covenants
Negative pledge clause is attached
12．Underwriters
Daiwa Securities Co., Ltd., Nomura Securities Co., Ltd., Mizuho Securities Co., Ltd., SMBC Nikko Securities Inc., and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
13．Fiscal agent
Sumitomo Mitsui Banking Corporation.
14．Book-entry transfer institution
Japan Securities Depository Center, Inc.
15．Application of the Act on Book-Entry Transfer of Company Bonds, Shares, etc.
The Bonds are subject to application of the Act on Book-Entry Transfer of Company Bonds, Shares, etc.
16．Ratings
“AA-” from Rating and Investment Information, Inc. and “AA” from Japan Credit Rating Agency, Ltd.