Details of issuance or disposal
Public offering of domestic hybrid bonds with provisions for deferral of interest payments (9th series of unsecured bonds with provisions for deferral of interest payments and early redemption, subject to a subordinated covenant)
Total issue amount: ¥260 billion; estimated net proceeds: Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Public offering of domestic hybrid bonds with provisions for deferral of interest payments (9th series of unsecured bonds with provisions for deferral of interest payments and early redemption, subject to a subordinated covenant) |
| Amount of funds to be raised | Total issue amount: ¥260 billion; estimated net proceeds: Not disclosed |
| Specific use of funds | Details Part of the funds for refinancing U.S. dollar-denominated hybrid bonds whose first optional redemption date is in July 2027 / Amount Not disclosed / Scheduled timing of expenditures Not disclosed |
| Payment date | 19 June 2026 |
| Intended allottee | Public offering (primarily individual investors) |
| Underwriter / lead underwriter | SMBC Nikko Securities Inc., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., SBI SECURITIES CO., LTD., Nomura Securities Co., Ltd., Mizuho Securities Co., Ltd., Tokai Tokyo Securities Co., Ltd., Mito Securities Co.,Ltd., 岩井コスモ証券株式会社 |
Items this document does not state (22)
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.The proceeds are expected to be used in part to refinance U.S. dollar-denominated hybrid bonds whose first optional redemption date is in July 2027. If the bonds are redeemed before maturity or repurchased and cancelled, the Company expects to refinance them with instruments recognized as having equivalent equity content when it deems this necessary.