SUMITOMO ELECTRIC INDUSTRIES, LTD. Press Release
Announcement of Unsecured Straight Bond Issue
February 21, 2020
Sumitomo Electric Industries, Ltd.
Sumitomo Electric Industries, Ltd. today announced that it has determined the terms and condition for the issue of 29th Series of Unsecured Straight Bonds as follows.
1. Name of the Bonds | Sumitomo Electric Industries, Ltd. 29th Series of |
Unsecured Straight Bonds (with inter-bondpari passu | |
clauses) |
2. Application of the Act on Book-Entry of Company Bonds, Shares, etc.
The Act on Book-Entry of Company Bonds, Shares, etc. will apply to the Bonds.
10 billion yen
100 million yen
100% of the principal amount
100% of the principal amount
0.150%
February 21, 2020
February 28, 2020
February 26, 2027
February 28 and August 28 of each year
(First interest payment date will be August 28, 2020) The Bonds will be unsecured and not guaranteed.
There will be no assets reserved as security for the Bonds. The Bonds are subject to certain negative pledge restrictions.
"AA-"from Rating and Investment Information, Inc. "AA" from Japan Credit Rating Agency, Ltd.
Daiwa Securities Co. Ltd., SMBC Nikko Securities Inc.
and Nomura Securities Co., Ltd.
Sumitomo Mitsui Banking Corporation
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Sumitomo Electric Industries Ltd. published this content on 21 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 February 2020 09:26:00 UTC
