trending Market Intelligence /marketintelligence/en/news-insights/trending/l0vs06ayBIHPsw4BUzUJBw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Japan Post Insurance files shelf for ¥100B bond issue

Blog

Tracking Credit Risk of a Major U.S. Retailer

Corporate America Not Likely To Unwind COVID-19 Debt Buildup Despite Credit Hits

Blog

Q&A: Navigating Climate Risk as a Financial Risk

Infrastructure Issues: Tools to Dig Deep on Potential Risks


Japan Post Insurance files shelf for ¥100B bond issue

Japan Post Insurance Co. Ltd. proposed to issue 30-year subordinated unsecured bonds to raise up to ¥100 billion.

The company said Dec. 19 that it has filed a shelf registration statement for corporate bonds and an amended shelf registration statement with the Kanto Local Finance Bureau for the issuance of subordinated unsecured bonds in a public offering in Japan.

The bonds will have an early redemption option that may be exercised from the 10th year of issuance. The bonds will be issued in denominations of ¥100 million each.

Japan Post Insurance said the issue date, principal amount and interest rate will be determined later.

Daiwa Securities Group Inc., Mizuho Securities Co. Ltd. and Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. are likely to serve as underwriters for the proposed issuance.

As of Dec. 19, US$1 was equivalent to ¥112.20.