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BRIEF-Sompo Holdings unit to issue third series unsecured corporate bonds worth 100 bln yen
April 19, 2017 / 3:45 AM / 5 months ago

BRIEF-Sompo Holdings unit to issue third series unsecured corporate bonds worth 100 bln yen

April 19 (Reuters) - Sompo Holdings Inc

* Says unit Sompo Japan Nipponkoa Insurance Inc. will issue third series unsecured corporate bonds worth 100 billion yen

* Says each bonds worth 100 million yen and issue price at 100 yen per face value of 100 yen

* Bonds interest rate at 1.06 percent for the first ten years and at six month Euro-yen Libor + 1.81 percent after the ten years

* Bonds maturity on April 26, 2077

* Subscription date on April 19 and payment date on April 26

* Says Shinkin Securities Co.,Ltd will be underwriter

* The bonds is used for security deposit, investment fund and operation fund

Source text in Japanese:goo.gl/nsBKYk

Further company coverage: (Beijing Headline News)

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