Life Create Announces Post-Issuance Disclosure of Private Bonds

TOKYO, Aug 06 (Pulse News Wire) – Life Create Co.,ltd (216A.F) disclosed post-issuance details of private bonds due to an internal review revealing a lapse in timely reporting. The company apologized for the oversight and detailed the issuance: First, Life Create issued unsecured bonds guaranteed by Hiroshima Bank to raise long-term stable funds for increased operational capital due to planned new store openings.

Key details include a total issue amount of ¥100 million, individual bond denominations of ¥10 million, an interest rate of 2.29%, face value of ¥100 per unit, repayment price of ¥100 per unit, interest payment dates on June 30 and December 31, final maturity on June 29, 2029, and a term of six months. Secondly, the company also issued unsecured bonds guaranteed by Saga Bank, with similar terms but differing in interest rates and payment schedules.

The total issue amount was ¥100 million, individual bond denominations of ¥10 million, an interest rate of 2.00%, face value of ¥100 per unit, repayment price of ¥100 per unit, interest payment dates on January 25 and July 25, final maturity on July 25, 2029. Regarding future outlook, the company stated it would promptly disclose any significant impact on performance resulting from these issuances.