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Mitsui Fudosan issues US$300M of senior notes due 2029

Mitsui Fudosan Co. Ltd. moved to issue US$300 million worth of its 3.95% senior notes due Jan. 24, 2029.

The notes are offered in overseas markets including the U.S., Europe and Asia at 99.82% of their principal amount, with settlement scheduled for Jan. 24. They will be listed on the Singapore Exchange Securities Trading Ltd.

Net proceeds from the issuance will be used by the Japanese diversified property company primarily for capital investments, debt repayment and general corporate purposes.