Hikari Tsushin issues first $500m USD-denominated senior unsecured bonds

Hikari Tsushin, Inc. announced the issuance of $500 million in senior unsecured corporate bonds, marking the company's first foreign currency-denominated bond. The bonds carry a coupon of 6.130% per annum, with an issue price set at 100% of the principal amount. The pricing date was September 10, 2025, and the closing date is September 18, 2025.

Interest payments will be made semi-annually on March 18 and September 18, commencing March 18, 2026, with a maturity date of September 18, 2035, for a 10-year bullet bond. The proceeds are expected to be utilized for the redemption of existing bonds and the repayment of loans. The bonds will be listed on the Singapore Exchange Securities Trading Limited (SGX-ST) and have received a BBB credit rating from S&P Global Ratings Japan Inc.