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Fujitsu Ld. (FUJ)

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Friday 08 July, 2011

Fujitsu Ld.

Issue of Debt

RNS Number : 0307K
Fujitsu Ld
08 July 2011
 



Fujitsu Limited

 

 Fujitsu Issues Unsecured Straight Bonds

 

Tokyo, July 8, 2011―Fujitsu Limited (the "Company") announced today that it has determined the terms of its Twenty-Eighth Series Unsecured Straight Bonds (with inter-bond pari passu clause) and Twenty-Ninth Series Unsecured Straight Bonds (with inter-bond pari passu clause), both of which will be offered and issued in Japan. The terms of the issues are as follows.

  

 

Fujitsu Limited Twenty-Eighth Series Unsecured Straight Bonds

(with inter-bond pari passu clause)

1.

Total amount of issue

20 billion yen

2.

Denomination of each bond

100 million yen

3.

Interest rate

0.398% per annum

4.

Issue price

100% of the denomination of each bond

5.

Redemption price

100% of the denomination of each bond

6.

Term and redemption method

3 years

Bullet repayment


 Maturity date

July 15, 2014


 Retirement by purchase

Unless otherwise stipulated by the book-entry transfer institution, the Company may repurchase the bond on or after the day after the payment date.

7.

Interest payment date

January 15 and July 15 of each year

8.

Type of offering

Public offering

9

Offering period

July 8, 2011

10.

Payment date

July 15, 2011

11.

Collateral

The bonds are not secured by any pledge, mortgage or other charge on any assets or revenues of the Company or of others, nor are they guaranteed. There are no assets reserved as security for the bonds.

12.

Fiscal covenants

Collateral provision restrictions (with inter-bond pari passu clause)

13.

Underwriters

Nomura Securities Co., Ltd.

SMBC Nikko Securities Inc.

Daiwa Securities Capital Markets Co. Ltd.

Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

14.

Place for application

Head office and domestic branch office of underwriters

15.

Fiscal agent

Resona Bank, Limited.

16.

Book-entry transfer institution

Japan Security Depository Center, Inc.

17.

Rating

"A+" from Rating and Investment Information, Inc.

18.

Application of funds

The full amount is scheduled to be allocated for cash reserves that have decreased temporarily for the redemption of the convertible bonds (bonds with stock acquisition rights) that reached maturity on May 31, 2011.

 

 

 

 

Fujitsu Limited Twenty-Ninth Series Unsecured Straight Bonds

(with inter-bond pari passu clause)

1.

Total amount of issue

30 billion yen

2.

Denomination of each bond

100 million yen

3.

Interest rate

0.623% per annum

4.

Issue price

100% of the denomination of each bond

5.

Redemption price

100% of the denomination of each bond

6.

Term and redemption method

5years

Bullet repayment


 Maturity date

July 15, 2016


 Retirement by purchase

Unless otherwise stipulated by the book-entry transfer institution, the Company may repurchase the bond on or after the day after the payment date.

7.

Interest payment date

January 15 and July 15 of each year

8.

Type of offering

Public offering

9

Offering period

July 8, 2011

10.

Payment date

July 15, 2011

11.

Collateral

The bonds are not secured by any pledge, mortgage or other charge on any assets or revenues of the Company or of others, nor are they guaranteed. There are no assets reserved as security for the bonds.

12.

Fiscal covenants

Collateral provision restrictions (with inter-bond pari passu clause)

13.

Underwriters

SMBC Nikko Securities Inc.

Mizuho Securities Co., Ltd.

Nomura Securities Co., Ltd.

UBS Securities Japan Ltd.

14.

Place for application

Head office and domestic branch office of underwriters

15.

Fiscal agent

Mizuho Corporate Bank, Ltd.

16.

Book-entry transfer institution

Japan Security Depository Center, Inc.

17.

Rating

"A+" from Rating and Investment Information, Inc.

18.

Application of funds

The full amount is scheduled to be allocated for cash reserves that have decreased temporarily for the redemption of the convertible bonds (bonds with stock acquisition rights) that reached maturity on May 31, 2011.

 

 

This press release has been prepared for the purpose of publicly announcing the Company's issuance of Twenty-Eighth Series Unsecured Straight Bonds (with inter-bond pari passu clause) and Twenty-Ninth Series Unsecured Straight Bonds (with inter-bond pari passu clause) and not for the purpose of soliciting investment or engaging in any other similar activities within or outside Japan. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act.

 

Press Contacts:

Fujitsu Limited

Public and Investor Relations Division

Inquiries: https://www-s.fujitsu.com/global/news/contacts/inquiries/index.html

 

About Fujitsu
Fujitsu is a leading provider of information and communication technology (ICT)-based business solutions for the global marketplace. With approximately 170,000 employees supporting customers in over 100 countries, Fujitsu combines a worldwide corps of systems and services experts with highly reliable computing and communications products and advanced microelectronics to deliver added value to customers. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.5 trillion yen (US$55 billion) for the fiscal year ended March 31, 2011. For more information, please see: www.fujitsu.com

 

All other company or product names mentioned herein are trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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