1. Name:Kobe Steel, Ltd. Series 68 Unsecured Bonds
(Limited Inter-Bond Pari Passu Clause)2. Total amount of issue:12 billion yen3. Denomination of bond:100,000,000 yen each4. Interest rate:0.545% per annum of the principal of the bonds5. Issue price:100% of the principal amount of the bonds6. Redemption price:100% of the principal amount of the bonds7. Maturity date:To be redeemed in a lump sum on June 8, 20288. Offering period:June 2, 20239. Closing date:June 8, 202310. Method of issue:Public offering in the domestic market11. Date of payment of interest of the bonds:Semiannually on June 8 and December 812. Status of the bonds:Unsecured by assets or guarantees13. Fiscal agent:MUFG Bank, Ltd.14. Underwriters:・Mizuho Securities Co., Ltd.
・Nomura Securities Co., Ltd. as the Joint Lead Manager
・Daiwa Securities Co. Ltd. as the Joint Lead ManagerUse of the proceeds:To be applied to the redemption of loans
Domestic Unsecured Straight Bonds (Ten-year bond)
1. Name:Kobe Steel, Ltd. Series 69 Unsecured Bonds
(Limited Inter-Bond Pari Passu Clause)2. Total amount of issue:8 billion yen3. Denomination of bond:100,000,000 yen each4. Interest rate:1.000% per annum of the principal of the bonds5. Issue price:100% of the principal amount of the bonds6. Redemption price:100% of the principal amount of the bonds7. Maturity date:To be redeemed in a lump sum on June 8, 20338. Offering period:June 2, 20239. Closing date:June 8, 202310. Method of issue:Public offering in the domestic market11. Date of payment of interest of the bonds:Semiannually on June 8 and December 812. Status of the bonds:Unsecured by assets or guarantees13. Fiscal agent:Sumitomo Mitsui Banking Corporation14. Underwriters:・Mizuho Securities Co., Ltd.
・Nomura Securities Co., Ltd. as the Joint Lead Manager
・Daiwa Securities Co. Ltd. as the Joint Lead ManagerUse of the proceeds:To be applied to the redemption of loans
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Kobelco - Kobe Steel Ltd. published this content on 02 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2023 04:06:04 UTC.
Kobe Steel, Ltd. specializes in manufacturing and marketing of steel and metallurgical products. The group is also developing production of construction and industrial machines activity. Net sales break down by activity as follows:
- sale of steel and aluminum products (42.3%): special steel wires, stainless tubes, rolled steel products, steel strips, aluminum plates and sheets, aluminum alloy products, building materials, etc.;
- manufacturing of construction machines (17.8%): cranes, hydraulic excavators, mini excavators and wheeled loaders;
- sales of advanced materials (15.6%): copper foil for semiconductors, copper tubes for air conditioners, aluminum extrusions, aluminum alloy products, iron powder, etc.;
- manufacturing of industrial machines (7.8%): compressors, high pressure machines, heat pumps, nuclear plants equipments, etc.;
- engineering services (6.4%);
- electric power production (5.3%);
- sale of welding materials and equipments (3.6%);
- other (1.2%): primarily sale of electronic equipments and real estate development.
KOBE STEEL, LTD. 
