Issuance of unsecured straight bonds
December 1, 2022
Asahi Kasei Corp.
Asahi Kasei has today determined the terms of the 19th, 20th, and 21st series unsecured straight bonds (with inter-bond pari passu clause) as follows.
| 19th series | 20th series | 21st series | ||
|---|---|---|---|---|
| Total amount of issue: | 10 billion yen | 20 billion yen | 20 billion yen | |
| Denomination: | 100 million yen | |||
| Interest rate (per annum): | 0.230% | 0.410% | 0.669% | |
| Issue price: | 100 yen per face value of 100 yen | |||
| Redemption price: | 100 yen per face value of 100 yen | |||
| Term and redemption method | Maturity date: | December 5, 2025 | December 7, 2027 | December 7, 2032 |
| Redemption: | Bullet | |||
| 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 | |||
| Interest payment dates: | June 7 and December 7 of each year | |||
| Offering period: | December 1, 2022 | |||
| Payment date: | December 7, 2022 | |||
| 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 | |||
| Fiscal covenants: | Negative pledge clause is attached | |||
| Underwriters: | Mizuho Securities Co., Ltd., Nomura Securities Co., Ltd., Daiwa Securities Co., Ltd. |
Nomura Securities Co., Ltd., Daiwa Securities Co., Ltd., Mizuho Securities Co., Ltd. |
Daiwa Securities Co., Ltd., Mizuho Securities Co., Ltd., Nomura Securities Co., Ltd. |
|
| Fiscal agent: | Mizuho Bank, Ltd. | Mizuho Bank, Ltd. | Mizuho Bank, Ltd. | |
| Book-entry transfer institution: | Japan Securities Depository Center, Inc. | |||
| 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. | |||
| Ratings: | “AA” from Rating and Investment Information, Inc. “AA” from Japan Credit Rating Agency, Ltd. |
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