DENSO Corporation today announced the issuance of its eighth unsecured straight bonds with inter-bond pari passu clause.
The conditions are as follows.
1. Issue amount: 30 billion yen
2. Coupon rate: 0.352 percent per annum
3. Issue price: 100 yen per face value of 100 yen
4. Redemption price: 100 yen per face value of 100 yen
5. Due date: June 20, 2018
6. Payment date: July 24, 2013
7. Joint lead managers: Nomura Securities Co., Ltd., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., SMBC Nikko Securities Inc. and Mizuho Securities Co., Ltd.
8. Ratings: AA+ (Rating and Investment Information, Inc.), AA- (Standard & Poor’s)
