DENSO Announces Issuance of Unsecured Straight Bonds
Kariya (Japan) - DENSO Corporation today announced the issuance of its eighth unsecured straight bonds with inter-bond pari passu clause.
The conditions are as follows.
| 1.Issue amount | 30 billion yen |
|---|---|
| 2.Coupon rate | 0.352 percent per annum |
| 3.Issue price | 100 yen per face value of 100 yen |
| 4.Redemption price | 100 yen per face value of 100 yen |
| 5.Due date | June 20, 2018 |
| 6.Payment date | July 24, 2013 |
| 7.Joint lead managers | Nomura Securities Co., Ltd., Mitsubishi UFJ Morgan StanleySecurities Co., Ltd., SMBC Nikko Securities Inc. and Mizuho Securities Co., Ltd. |
| 8.Ratings | AA+ (Rating and Investment Information, Inc.),
AA- (Standard & Poor's) |
DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers
include all the world's major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 36 countries and regions (including Japan) and employs more than 130,000 people. Consolidated global sales for the fiscal year ending
March 31, 2013, totaled US$38.1 billion. Last fiscal year, DENSO spent 9.4 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com,
or visit our media website at www.densomediacenter.com
.