Asahi Group Holdings prices unsecured straight bond offerings

Asahi Group Holdings today announced the pricing details for its 27th and 28th unsecured straight bond offerings. The 27th series will be issued in the amount of JPY 40 billion, carrying a coupon rate of 1.329% per annum. The closing date for this series is May 2, 2025, with maturity set for May 2, 2030. The 28th series will be issued in the amount of JPY 10 billion, carrying a coupon rate of 1.928% per annum. The closing date for this series is May 2, 2025, with maturity set for May 2, 2035. Coupon payments for both series will be made on May 2 and November 2 of each year. The bonds are rated AA- by Japan Credit Rating Agency and A+ by Rating & Investment Information, Inc. Proceeds from both issuances will be used to redeem Euro-denominated Straight Bonds maturing on September 19, 2025. The underwriter syndicate is led by Nomura Securities Co., Ltd., Daiwa Securities Co. Ltd., Mizuho Securities Co., Ltd. and SMBC Nikko Securities Inc. Sumitomo Mitsui Banking Corporation will serve as the fiscal agent.