Mizuho Leasing to Issue 30 Billion Yen in Corporate Bonds

MT Newswires Live12-04

Mizuho Leasing (TYO:8425) plans to issue two series of unsecured straight corporate bonds totalling 30 billion yen, according to its Tokyo bourse filing on Thursday.

The 32nd series totals 20 billion yen with a 1.812% annual interest rate and a five-year maturity, while the 33rd series amounts to 10 billion yen at 2.140% interest over a seven-year term.

Both bonds will be issued at 100% of face value and redeemable at maturity on Dec. 10, 2030, and Dec. 10, 2032, respectively.

Interest will be paid biannually, each June and December.

The bonds are publicly offered in Japan, carry an AA- credit rating, and

no collateral is provided to secure the bonds.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment