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ORIX to issue ¥20B of debt securities

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ORIX to issue ¥20B of debt securities

ORIXCorp. plans to issue ¥20 billion of unsecured senior debtsecurities in two tranches.

The company said July 8 that it will issue ¥10 billion of debtsecurities due July 14, 2021. They were priced with a coupon of 0.080% peryear.

A second tranche of ¥10 billion of debt securities werepriced with a coupon of 0.280% per year. They will mature July 14, 2026.

The issue price for both tranches is at par.

As of July 7, US$1 wasequivalent to ¥100.76.