HIKARI TSUSHIN, INC. (the "Company") hereby announces that it has determined the following terms and conditions for the 49th and 50th unsecured bonds as described below.
HIKARI TSUSHIN, INC.
HIKARI TSUSHIN, INC.
1.
Title
the 49th unsecured bond
the 50th unsecured bond
(with Inter-Bond Pari Passu Clause)
(with Inter-Bond Pari Passu Clause)
2.
Total amounts of issue
10 billion yen
10 billion yen
3.
Denominations per bond
10 million yen
10 million yen
4.
Coupon
1.073％
1.580％
5.
Issuance Price
100 yen per 100 yen of each bond amount
6.
Redemption price
100 yen per 100 yen of each bond amount
7.
Issue date
September 11, 2024
8.
Maturity dates
September 10, 2027
September 11, 2029
(3-year bond)
(5-year bond)
9.
Coupon payment dates
Twice a year, on March 11 and September 11
10.
Use of Proceeds
Funds for bond redemption
Nomura Securities Co., Ltd.
11.
Underwriters
Daiwa Securities Co. Ltd.
Mizuho Securities Co., Ltd.
SMBC Nikko Securities Inc.
12.
Trustee
Mizuho Bank, Ltd.
13.
Book-Entry Transfer
Japan Securities Depository Center, Incorporated
Institution
14.
Credit ratings
A+（Japan Credit Rating Agency, Ltd.）
A (Rating & Investment Information, Inc.)
Disclaimer
This press release is related to the offering of Japanese Yen-denominated Bond that is intended to be directed into Japan and its residents thereof in accordance with the law, customary practices, and documentation in Japan. This press release does not constitute an offer of any securities for sale in the United States. The Bond has not been registered under the United States Securities Act of 1933, as amended (the "Act"), and may not be offered or sold in the United States absent registration or an application exemption from the registration requirements under the Act.
Note : This document has been translated from the Japanese original for reference purpose only. In the event of any discrepancy between this translation and the Japanese original, the Japanese original shall prevail.
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Hikari Tsushin Inc. published this content on
05 September 2024 and is solely responsible for the information contained therein. Distributed by
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September 17,
2024 at
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Hikari Tsushin Inc is a holding company mainly engaged in the corporate service business, personal service business, and agency sales business. The Company operates through three business segments. The Corporate Service segment is engaged in the sale of products planned and developed in-house, such as communication line services, electric power, and various systems, to small and medium-sized enterprises. The Personal Service segment mainly sells products planned and developed in-house, such as communication line services and home water distribution, to individuals. The Agency Sales segment is engaged in the sale of various products such as telecommunications carriers, insurance companies, and manufacturers.
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