DENSO Corporation today announced the issuance of its tenth and eleventh unsecured straight bonds with inter-bond pari passu clause.
The conditions are as follows.
<Tenth unsecured straight bonds>
- Issue amount: 20 billion yen
- Coupon rate: 0.176 percent per annum
- Issue price: 100 yen per face value of 100 yen
- Redemption price: 100 yen per face value of 100 yen
- Due date: September 18, 2020
- Payment Date: September 8, 2015
- Joint lead managers: Nomura Securities Co., Ltd., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., SMBC Nikko Securities Inc. and Mizuho Securities Co., Ltd.
- Ratings: AA+ (Rating and Investment Information, Inc.), AA- (Standard & Poor’s)
<Eleventh unsecured straight bonds>
- Issue amount: 10 billion yen
- Coupon rate: 0.268 percent per annum
- Issue price: 100 yen per face value of 100 yen
- Redemption price: 100 yen per face value of 100 yen
- Due date: September 20, 2022
- Payment Date: September 8, 2015
- Joint lead managers: Nomura Securities Co., Ltd., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., SMBC Nikko Securities Inc. and Mizuho Securities Co., Ltd.
- Ratings: AA+ (Rating and Investment Information, Inc.), AA- (Standard & Poor’s)