TOKYO, Jun 09 (Pulse News Wire) – Relo Group,inc. (8876.T) announced today that it will redeem its 2027 maturity Euro-yen convertible bond with attached warrant shares purchased on June 09, 2026, totaling ¥23.87 billion.
The redemption will occur on May 15, 2026, and the total remaining face value of the bonds after redemption will be ¥50 million. The company also stated that due to the fulfillment of conditions stipulated in the bond's terms, it will fully repay the outstanding bonds ahead of schedule at their face value amount of 100%. The early repayment will take place on July 10, 2026, with the total amount being repaid equaling ¥50 million (face value).
The exercise deadline for the warrants associated with these bonds remains set for July 07, 2026. Regarding the main features of the convertible bonds: - Issuance Date: December 17, 2020 - Total Issuance Amount: ¥23.00 billion - Repayment Deadline: December 17, 2027 - Interest Rate: There is no interest rate applied to these bonds. - Conversion Price: ¥3,287 (as of June 9, 2026) Relo Group noted that the impact on its operating performance will be negligible.
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