December 12, 2008
TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced the company's 10th domestic unsecured straight bond issue as outlined below:
1.Total amount of issue | : 15 billion yen |
2.Interest rate | : 1.428% per year |
3.Issue price | : 100 yen per face value of 100 yen |
4.Issue date | : December 19, 2008 |
5.Maturity date | : December 19, 2013 (5-year bullet bond) |
6.Interest payment date | : June 19 / December 19 |
7.Use of funds | : To refund and repay existing bank loans and commercial papers (CP) for vessel investment. |
8.Lead manager / underwriters | : Nomura Securities Co., Ltd., Daiwa Securities SMBC Co., Ltd., and Mizuho Securities Co., Ltd. |
9.Fiscal agent | : Sumitomo Mitsui Banking Corporation |
This issue is the first since the ninth bond issue (10 billion yen) in March 1997.