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Share Issuance and Disposal8439Tokyo Century CorporationFinancials (excluding banks)

Notice Regarding the Issuance of the 5th Public Offering of Hybrid Bonds with a Subordination Clause

Tokyo Century decided to issue ¥20 billion of its 5th public offering hybrid bonds with subordination provisions and other terms. The interest rate and other issuance terms will be determined in due course, taking market conditions into consideration.

Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
200
¥ million
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

5th public offering of unsecured corporate bonds with interest payment deferral and early redemption provisions, subject to subordination provisions

Intended allottee
No specific prospective allottee, as this is a public offering: Not disclosed
Total issue value

¥20 billion

発行済株式総数

No increase

No dilution of shares will occur

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

Details of issuance or disposal
ItemDetails
Type of issuance or disposal5th public offering of unsecured corporate bonds with interest payment deferral and early redemption provisions, subject to subordination provisions
Total issue value¥20 billion
Intended allotteeNo specific prospective allottee, as this is a public offering: Not disclosed
Dilution RateNo dilution of shares will occur
Total number of issued sharesNo increase
Items this document does not state (23)
Number of shares to be issued or disposed ofIssue price and disposal priceAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Securing financial soundness by maintaining and improving credit ratings, maintaining liquidity by diversifying funding methods, executing an optimal and flexible financial strategy, and implementing the growth investment plan under the Medium-Term Management Plan 2030.

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Notice Regarding the Issuance of the 5th Public Offering of Hybrid Bonds with a Subordination Clause | Tokyo Century Corporation (8439) timely disclosure | Komori