Source disclosure: March 05, 2026, 11:30 JST
Published by Pulse News Wire: March 05, 2026, 11:32 JST
Premium Water Holdings,Inc. [2588.T]
TOKYO, Mar 05 (Pulse News Wire) – Premium Water Holdings,inc. (2588.T) announced today the issuance of two series of bonds with early redemption provisions totaling 100 billion based on its comprehensive resolution dated February 10, 2026.
The first series, the 11th tranche of unsecured bonds with an early redemption provision, amounts to ¥80 billion with an annual interest rate of 2.867%. The second series, the 12th tranche of unsecured bonds with an early redemption provision, amounts to ¥20 billion and carries an annual interest rate of 3.623%. Both tranches will be priced at par value of ¥100 per bond. Payment and redemption dates are set for March 11, 2026, and March 09, 2029, and March 11, 2031, respectively, for the three-year and five-year bonds. Interest payments will occur twice annually on March 11 and September 11. Nomura Securities Co., Ltd. serves as the lead manager, while Mizuho Securities Co., Ltd. and SB Investment Trust and Banking Co., Ltd.
Act as securities companies. Mizuho Bank, Ltd. will manage the bonds, and the Securities Depository Center Co., Ltd. will handle the book-entry system. Both issues received BBB+ ratings from Rating and Investment Information, Inc. and Japan Credit Rating Agency, Ltd. Funds raised from the bond issuances will be used to repay short-term borrowings and Lease Saimu. In the fiscal year ending March 2026, the impact of these bond issuances on the company's consolidated performance is expected to be minor.
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