Sotetsu Holdings Issues Unsecured Corporate Bonds

TOKYO, Jul 17 (Pulse News Wire) – Sotetsu Holdings,inc. (9003.T) announced the issuance conditions for its 47th unsecured corporate bond issue.

The total amount of the bonds is ¥10.00 billion. Each bond denomination is ¥100 million, carrying an annual interest rate of 3.224%. Interest payments will be made semi-annually on January 24 and July 24. The repayment amount will be ¥100 per face value of ¥100. The bonds will be offered through general subscription during the period from July 17, 2026 to July 24, 2036.

Payment will be due on July 24, 2026. The bonds are unsubordinated and come with a restriction clause limiting additional secured debt. SMBC Nikko Securities, Nippon Yasuda Securities, Mitsubishi UFJ Financial Group, Nomura Securities, and Mizuho Bank will act as lead managers, financial advisors, and payment agents respectively. The Central Depository Trust & Clearing Corporation will handle the bond exchange operations. This issuance marks another step in Sotetsu's ongoing capital management strategy aimed at enhancing liquidity and financial flexibility.