DRIVEN BASE

DENSO Announces Issuance of Unsecured Straight Bonds

Sep. 2, 2016

KARIYA (Japan) ―DENSO Corporation today announced the issuance of its twelfth and thirteenth unsecured straight bonds with inter-bond pari passu clause.

The conditions are as follows.

Twelfth unsecured straight bonds

1. Issue amount 10 billion yen
2. Coupon rate 0.010 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 September 17, 2021
6. Payment Date September 08, 2016
7. Joint lead managers Nomura Securities Co., Ltd., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., SMBC Nikko Securities Inc. and Mizuho Securities Co., Ltd.
8. Ratings AA+ (Rating and Investment Information, Inc.), 
AA- (Standard & Poor’s)

Thirteenth unsecured straight bonds

1. Issue amount 20 billion yen
2. Coupon rate 0.135 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 September 18, 2026
6. Payment Date September 08, 2016
7. Joint lead managers Nomura Securities Co., Ltd., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., SMBC Nikko Securities Inc. and Mizuho Securities Co., Ltd.
8. Ratings AA+ (Rating and Investment Information, Inc.), 
AA- (Standard & Poor’s)