Japan's ORIX Corp. decided to issue US$500 million worth of senior unsecured notes due Jan. 16, 2024.
The notes will bear an interest rate of 4.05% per annum. The issue price will be 99.915% of the principal amount, with Jan. 16 as the payment date.
The company said it has filed a shelf registration with the U.S. SEC for the issuance.