Seven Bank issues three new series of unsecured bonds totaling JPY 50 bn

Seven Bank announced the issuance of its 15th, 16th, and 17th series of unsecured straight corporate bonds, collectively valued at JPY 50 billion. The 15th and 16th series are each for JPY 20 billion, while the 17th series is for JPY 10 billion. Each bond will have a denomination of JPY 100 million.

The bonds are set to be offered to the public between October 23, 2025, and October 30, 2025, with the issue date falling on October 30, 2025. The 15th series, maturing on October 30, 2028, carries a coupon rate of 1.289% per annum. The 16th series, due on October 30, 2030, has a 1.535% per annum coupon, and the 17th series, maturing on October 29, 2032, offers a 1.777% per annum coupon.

All three series will be subject to the Act on Book-Entry Transfer of Corporate Bonds and Shares, with semi-annual coupon payments on April 30 and October 30, commencing April 30, 2026. These bonds are unsecured, without specific asset reservations, and have received an AA- rating from Rating and Investment Information, Inc. Nomura Securities Co., Ltd. and Daiwa Securities Co., Ltd. are the underwriters.