Press Room
September 9, 2010
Issue of U.S. Dollar Denominated Unsecured Straight Bonds
Mitsubishi Corporation decided to issue U.S. Dollar denominated unsecured straight bonds subject to the conditions listed below. We have frequently issued yen denominated bonds in the Japanese domestic market. However, as part of our efforts to fulfil the investment plan that forms part of the Midterm Corporate Strategy 2012 released on 16 July 2010, we decided to issue U.S. Dollar denominated unsecured straight bonds in order to diversify the funding sources besides.
We have continued to diversify the methods by which we raise funds. In 2004, we were the first Japanese company to take out highly liquid syndicated loans, and in 2008, we issued a corporate bond for Japanese retail investors and established a syndicated loan facility in Asian currencies. This will be our first public offering on a foreign market of U.S. Dollar denominated unsecured straight bonds since 1985.
Summary of the U.S. Dollar Denominated Unsecured Straight Bonds
1. Total Issue Amount: USD 500 million
2. Term to Maturity : 5 years
3. Coupon Rate : 2.75% per annum
4. Issue Date : 16 September 2010
5. Offering Format : To be listed on the London Stock Exchange’s regulated market. The
offering is targeted at foreign institutional investors in Asia and Europe.
This announcement is intended as general information regarding the issuance of securities. This announcement is not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia). This announcement does not constitute or form a part of any offer of, or the solicitation of an offer to buy or subscribe for, securities in the United States or in any jurisdiction in which such offer or solicitation is unlawful. The securities have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of, US persons (as such term is defined in Regulation S under the Securities Act), absent registration or an exception from registration under the Securities Act. No public offering of the securities will be made in the United States.
Inquiry Recipient
Mitsubishi CorporationTelephone:+81-3-3210-2171 / Facsimile:+81-3-5252-7705
