Issue of the 36th and 37th Series Unsecured Straight Bonds in Japan
Resource from: CBCC Likes:2938
Mar 23,2006
Tokyo, March 7, 2006 -- NSK Ltd. (TSE: 6471) announced today that the Company has decided to issue the terms of two tranches of unsecured straight bonds in Japan to provide funds for repayment of existing debt. The details are as follows:
1. NSK Ltd.’s 36th series unsecured straight bonds( the Bonds)
(Ranking pari passu solely with other series of debentures or bonds)
(1) Total amount of issue
15,000,000,000 yen
(2) Book entry bonds
The provision of the Law Concerning Book-Entry Transfer of Corporate Bonds,
etc. shall apply to the Bonds.
(3) Denomination of each Bond
100,000,000 yen only
(4) Interest rate
1.39% per annum
(5) Issue price
100 yen per 100 yen value
(6) Redemption price
100 yen per 100 yen value
(7) Offering period
March 7, 2006
(8) Payment date
March 20, 2006
(9) Interest payment dates
Semi-annually on March 20 and September 20
(10) Method of offering
General share offering
(11) Maturity date
March 18, 2011
(12) Security
The Bonds are neither secured by any collateral nor guaranteed, and there are no particular
assets reserved for the payment of the Bonds.
(13) Underwriting company
Nomura Securities Co., Ltd. shall serve as a lead manager
(14) Book-entry transfer institution
Japan Securities Depositary Center, Inc.
(15) Fiscal, issuing and paying agent
Mizuho Corporate Bank, Ltd.
(16) Rating
“A-“ from Rating and Investment Information, Inc.
2. NSK Ltd.’s 37th series unsecured straight bonds( the Bonds)
(Ranking pari passu solely with other series of debentures or bonds)
(1) Total amount of issue
10,000,000,000 yen
(2) Book entry bonds
The provision of the Law Concerning Book-Entry Transfer of Corporate Bonds,
etc. shall apply to the Bonds.
(3) Denomination of each bond
100,000,000 yen only
(4) Interest rate
1.71% per annum
(5) Issue price
100 yen per 100 yen value
(6) Redemption price
100 yen per 100 yen value
(7) Offering period
March 7, 2006
(8) Payment date
March 20, 2006
(9) Interest payment dates
Semi-annually on March 20 and September 20
(10) Method of offering
General share offering
(11) Maturity date
March 19, 2013
(12) Security
The Bonds are neither secured by any collateral nor guaranteed, and there are no particular
assets reserved for the payment of the Bonds.
(13) Underwriting company
Mizuho Securities Co., Ltd. shall serve as a lead manager
(14) Book-entry transfer institution
Japan Securities Depositary Center, Inc.
(15) Fiscal, issuing and paying agent
Mizuho Corporate Bank, Ltd.
(16) Rating
“A-“ from Rating and Investment Information, Inc.
()
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
