Taiheiyo Cement Corporation has decided to issue its 14th and 15th series of unsecured bonds (ranking pari passu solely with other series of debentures or bonds). Details of the issuances are provided below.
| 1. Bond title |
Taiheiyo Cement Corporation 14th Unsecured Bond (ranking pari passu solely with other series of debentures or bonds) |
Taiheiyo Cement Corporation 15th Unsecured Bond (ranking pari passu solely with other series of debentures or bonds) |
| 2. Total issue amount |
¥20 billion |
¥10 billion |
| 3. Maturity |
Five years |
Ten years |
| 4. Interest rate |
0.93% per annum |
2.00% per annum |
| 5. Issue price |
¥100 per ¥100 face value |
¥100 per ¥100 face value |
| 6. Redemption price |
¥100 per ¥100 face value |
¥100 per ¥100 face value |
| 7. Yield |
0.93% per annum |
2.00% per annum |
| 8. nterest payment dates |
April 28 and October 28 each year (initial payment on October 28, 2005) |
April 28 and October 28 each year (initial payment on October 28, 2005) |
| 9. Application deadline |
April 15, 2005 |
April 15, 2005 |
| 10. Payment deadline |
April 28, 2005 |
April 28, 2005 |
| 11. Redemption date |
April 28, 2010 |
April 28, 2015 |
| 12. Redemption method |
Bullet maturity |
Bullet maturity |
| 13. Collateral and guarantees |
These bonds are neither secured by collateral nor guaranteed, and no particular assets are reserved for their redemption |
These bonds are neither secured by collateral nor guaranteed, and no particular assets are reserved for their redemption |
| 14. Lead underwriters |
Nikko Citigroup Limited and Daiwa Securities SMBC Co., Ltd. |
Mizuho Securities Co., Ltd. |
| 15. Fiscal agent |
Sumitomo Mitsui Banking Corporation |
Mizuho Corporate Bank, Ltd. |
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