IFLR1000

Mitsubishi Estate Company ¥250 billion hybrid bond issue

3/2/2016
Convertible and hybrid securities
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¥ 250 billion

$ 2.239 billion

Completed

3/2/2016

Overview:

  • Mitsubishi Estate Company has issued ¥250 billion in hybrid bonds.
  • The issue consists of four tranches of step-up callable subordinated bonds.
  • The funds raised will be used for general corporate purposes.
  • According to Mori Hamada, the issue is the largest public hybrid bond issue to date in Japan.

Sam Duke - Editor

Jurisdiction:

Japan

Deal type:

Convertible and hybrid securities

Practice area:

Capital markets : Debt

Governing law:

Japan

Industry sector:

Real estate

Firm:
Mori Hamada & Matsumoto

Party: Mitsubishi Estate Company (Issuer)

Lawyer: Yasuhiko Fujitsu

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