TOKYO, May 18 (Pulse News Wire) – Akatsuki Corp. (8737.T) announced today that it has decided to issue its 58th unsecured corporate bond.
Key details of the issuance are as follows: - Bond name: Akatsuki Corp. 58th Unsecured Corporate Bond - Total amount raised: ¥1 billion - Individual bond amount: ¥100 million - Interest rate: 2% - Payment amount per bond: ¥100 million - Repayment amount per bond: ¥100 million - Term: One year - Repayment deadline: June 18, 2027 - Repayment method: Full repayment upon maturity - Interest payment dates: May 18, 2026, and June 18, 2027 - Subscription period: From May 19, 2026, to June 18, 2026 - Payment date: June 19, 2026 - Issuance method: General public offering within Japan - Financial covenant: Maintenance of net assets clause There are no guarantees or collateral attached to these bonds, nor are there any specifically reserved assets for their benefit. The bond trustee and registrar is Akatsuki Securities Co., Ltd.
Transfer of the bonds requires approval from the board of directors. Proceeds from the issuance will be used to repay the previously issued 51st unsecured corporate bonds. This press release is intended solely for general publication regarding the issuance of unsecured corporate bonds and does not constitute investment advice.
Investors are advised to make their own judgments based on the prospectus for the bond issuance.
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