ORIX : to Issue 221st and 222nd Unsecured Senior Debt Securities with Inter-bond Pari Passu Clause
March 01, 2024 at 06:12 am EST
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ORIX to Issue 221st and 222nd Unsecured Senior Debt Securities with Inter-bond Pari Passu Clause
TOKYO, Japan - March 1, 2024 - ORIX Corporation ("ORIX") announced today that the issuance of its 221st unsecured senior debt securities for retail investors and 222nd unsecured senior debt securities for institutional investors, both denominated in Japanese yen and with inter-bond pari passu clause, has been resolved in accordance with approval by the Board of Directors on June 24, 2022 and by the Representative Executive Officer on March 23, 2023. The details are as follows.
221st Unsecured Senior Debt Securities with inter-bond pari passu clause
Total amount of notes
JPY 30 billion
Denomination
JPY 1 million
Coupon rate
Annual rate 0.677%
Issue price
JPY 100 per JPY 100 of face value
Maturity
Five years (March 19, 2029)
Settlement date
March 19, 2024
Rating
AA (Rating and Investment Information, Inc. (R&I))
222nd Unsecured Senior Debt Securities with inter-bond pari passu clause
Total amount of notes
JPY 10 billion
Denomination
JPY 100 million
Coupon rate
Annual rate 0.677%
Issue price
JPY 100 per JPY 100 of face value
Maturity
Five years (March 7, 2029)
Settlement date
March 7, 2024
Rating
AA (Rating and Investment Information, Inc. (R&I))
These materials are not an offer for sale of our securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. Any public offering of our securities to be made in the United States will be made by means of a prospectus that may be obtained from us and that will contain detailed information about us and our management, as well as our financial statements.
Contact Information:
Investor Relations and Sustainability Department
ORIX Corporation
Tel: +81-3-3435-3121
About ORIX Group:
ORIX Group (ORIX Corporation TSE: 8591; NYSE: IX) was established in 1964 and has grown from its roots in leasing in Japan to become a global, diverse, and unique corporate group. Today, it is active around the world in financing and investment, life insurance, banking, asset management, real estate, concession, environment and energy, automobile-related services, industrial/ICT equipment, ships and aircraft. Since expanding outside of Japan in 1971, ORIX Group has grown its business globally and now operates in around 30 countries and regions across the world with approximately 35,000 people. ORIX Group unites globally around its Purpose: "Finding Paths. Making Impact." combining diverse expertise and innovative thinking to help our world develop in a sustainable way.
For more details, please visit our website: https://www.orix.co.jp/grp/en/
(As of November 1, 2023)
Caution Concerning Forward Looking Statements:
These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results that differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under "Risk Factors" in the Company's annual report on Form 20-F filed with the United States Securities and Exchange Commission and under "(4) Risk Factors" of the "1. Summary of Consolidated Financial Results" of the "Consolidated Financial Results April 1, 2022 - March 31, 2023" furnished on Form 6-K.
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ORIX Corporation published this content on
01 March 2024 and is solely responsible for the information contained therein. Distributed by
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01 March 2024 11:12:52 UTC.
ORIX Corporation is a financial services group organized around 9 business divisions:
- life insurance (19.3% of net sales);
- corporate financial services (17.6%): leasing and rental of automobiles, IT-related and technological equipment;
- development, management and promotion of real estate assets (15.5%);
- private equity investment (15.3%);
- asset and investment fund management in Europe (8.8%);
- capital markets and investment banking in the United States (6.4%);
- finance and investment banking in Asia and Australia (5.9%);
- retail banking and consumer finance (3.4%);
- aircraft and ship leasing and financing (1.5%).
The balance of net sales (6.3%) relates to energy and environmental activities (renewable energy production, electricity distribution, sale of solar panels and electricity storage systems, recycling and waste management).