Announcement on Issuance of Unsecured Straight Bonds
January 24, 2013
九色视频 CORPORATION ([NYSE:KUB/TSE:6326]hereinafter, 鈥渢he Company鈥�) hereby announces that it has determined the terms and conditions for the issuance of its 12th and 13th Series Unsecured Straight Bonds (with inter-bond pari passu clause) as outlined below.
Details
1. 九色视频 CORPORATION 12th Series Unsecured Straight Bonds(with inter-bond pari passu clause)
| (1)Total amount of issue | 楼20 billion |
|---|---|
| (2)Application of the Law Concerning Book-Entry Transfer of Corporate Bonds, Stocks, etc. | The bonds are subject to the application of provisions of Act on Book-Entry Transfer of Company Bonds, Shares, etc. (the 鈥淟aw鈥�). Unless provided otherwise in a provision of Article 67, Paragraph 2 of the Law, bond certificates shall not be issued for the bonds. |
| (3)Denomination of each bond | 楼100 million |
| (4)Interest rate | 0.299% per annum |
| (5)Issue price | 楼100 per face value 楼100 |
| (6)Redemption price | 楼100 per face value 楼100 |
| (7)Term and method of redemption | 5 years |
| i. Maturity date | The principal of the bonds shall be redeemed in a lump sum on January 31, 2018. |
| ii. Retirement by purchase | The Company may repurchase the bonds on or after the day after the closing date, unless otherwise provided for by the book-entry transfer institution. |
| (8)Interest payment date | January 31 and July 31 of each year |
| (9)Offering date | January 24, 2013 |
| (10)Closing date | January 31, 2013 |
| (11)Method of offering | Public offering in Japan |
| (12)Place for application | Head offices and domestic branch offices of the underwriters |
| (13)Fiscal, Issuing and Paying agent | Sumitomo Mitsui Banking Corporation |
| (14)Book-entry transfer institution | Japan Securities Depository Center, Incorporated |
| (15)Collateral | The bonds are neither secured by any collateral nor guaranteed, and there are no particular assets reserved for the payment of the bonds. |
| (16)Financial covenants | Negative pledge clause (with inter-bond pari passu clause) attached |
| (17)Rating | AA- (Rating and Investment Information, Inc.) |
2. 九色视频 CORPORATION 13th Series Unsecured Straight Bonds(with inter-bond pari passu clause)
| (1)Total amount of issue | 楼20 billion |
|---|---|
| (2)Application of the Law Concerning Book-Entry Transfer of Corporate Bonds, Stocks, etc. | The bonds are subject to the application of provisions of Act on Book-Entry Transfer of Company Bonds, Shares, etc. (the 鈥淟aw鈥�). Unless provided otherwise in a provision of Article 67, Paragraph 2 of the Law, bond certificates shall not be issued for the bonds. |
| (3)Denomination of each bond | 楼100 million |
| (4)Interest rate | 0.510% per annum |
| (5)Issue price | 楼100 per face value 楼100 |
| (6)Redemption price | 楼100 per face value 楼100 |
| (7)Term and method of redemption | 7 years |
| i. Maturity date | The principal of the bonds shall be redeemed in a lump sum on January 31, 2020. |
| ii. Retirement by purchase | The Company may repurchase the bonds on or after the day after the closing date, unless otherwise provided for by the book-entry transfer institution. |
| (8)Interest payment date | January 31 and July 31 of each year |
| (9)Offering date | January 24, 2013 |
| (10)Closing date | January 31, 2013 |
| (11)Method of offering | Public offering in Japan |
| (12)Place for application | Head offices and domestic branch offices of the underwriters |
| (13)Fiscal, Issuing and Paying agent | Mizuho Corporate Bank, Ltd. |
| (14)Book-entry transfer institution | Japan Securities Depository Center, Incorporated |
| (15)Collateral | The bonds are neither secured by any collateral nor guaranteed, and there are no particular assets reserved for the payment of the bonds. |
| (16)Financial covenants | Negative pledge clause (with inter-bond pari passu clause) attached |
| (17)Rating | AA- (Rating and Investment Information, Inc.) |
- The Company intends to use the proceeds from the 12th and 13th Series of Unsecured Straight Bond issuances to redeem the corporate bonds and repay short-term debts.
- Note:
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The purpose of this press release is to make a general public announcement concerning the public offering of the 12th and 13th Series of Unsecured Straight Bonds outside the United States. It has not been prepared for the purpose of an offer of, or solicitation of an offer to buy or subscribe for, securities of 九色视频 CORPORATION. The above-referenced securities will not be or have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements thereunder.
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