Home Investment Notice regarding Issuance of Unsecured Straight Bonds
Investment

Notice regarding Issuance of Unsecured Straight Bonds

Share


TokyoBridgestone Corporation (Bridgestone) has announced the issuance of the 17th, 18th and 19th series of unsecured straight bonds. Bridgestone is committed to enhancing corporate value through three keys: ‘Profitability Improvement’, ‘Growth Investments’, and ‘Financial Strategy.’ The issuance of these bonds is part of its financial strategy*1 to build an optimal capital structure and increase corporate value by reducing the Weighted Average Cost of Capital (WACC), thereby widening the spread between the Return on Invested Capital (ROIC) and WACC.

The bonds will be used to fund investments and loans for further growth, capital expenditures, and

share repurchases to improve capital efficiency. Bridgestone will continue to ensure financial

stability while maintaining its industry-leading credit rating.

An outline of the issuance is as follows:

17th Series 18th Series 19th Series

1. Issue Amount 40 billion yen 50 billion yen 30 billion yen

2. Denomination

of Each Bond 100 million yen

3. Coupon Rate 1.543% per annum 2.060% per annum 2.726% per annum

4. Issue Price 100% of the principal amount of the bonds

5. Interest

Payment Dates April 27 and October 27 of each year

6. Maturity Date April 27, 2028

(2-year bond)

April 25, 2031

(5-year bond)

April 25, 2036

(10-year bond)

7. Settlement Date April 27, 2026

8. Rating AA+ (Rating and Investment Information, Inc.)

9. Underwriters Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

Daiwa Securities Co. Ltd.

SMBC Nikko Securities Inc.

Nomura Securities Co., Ltd.

10. Fiscal Agent MUFG Bank, Ltd.

This press release has been prepared for the purpose of announcing Bridgestone’s issuance of

unsecured straight bonds in Japan. This press release is not an offer to sell or a solicitation of

offers to buy securities.

For Immediate Release

Bridgestone Corporation

Public Relations Department

1-1, Kyobashi 3-chome

Chuo-ku, Tokyo 104-8340, Japan

Phone: +81-3-6836-3333

Fax: +81-3-6836-3184

https://www.bridgestone.com/

*1 For more details, please refer to pages 29-32 of the fiscal 2025 financial results presentation slides.

https://www.bridgestone.com/ir/library/result/pdf/e_r7_4_presentation.pdf

About Bridgestone Corporation:

Bridgestone is a global leader in tires and rubber building on its expertise to provide solutions for safe

and sustainable mobility. Headquartered in Tokyo, the company employs approximately 116,000 people

globally and conducts business in more than 150 countries and territories worldwide. Bridgestone

offers a diverse product portfolio of premium tires and advanced solutions backed by innovative

technologies, improving the way people around the world move, live, work and play.



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Bitcoin Cash News; Dogecoin Price Prediction & Varntix Becomes

Bitcoin Cash has dropped to around $448 after a weak outing that has resulted in bearish bets. And even with recent highs, Dogecoin...

Cash Out Day 2026 Set to Boost Fight for Physical Currency in Australia

Advocates for cash payments are gearing up for the upcoming Cash Out Day, scheduled for April 28, 2026, aiming to highlight the importance...

Related Articles

Commodity Markets Are Living on Borrowed Time

Commodity markets have spent the past three months performing an extraordinary balancing...

Premium Bonds June: How to check if you’ve won in this month’s draw – The Independent

Premium Bonds June: How to check if you’ve won in this month’s...

In the Seoul real estate market, the number of real estate whose owners have changed after a court a..

Application for registration of transfer of ownership for the sale of voluntary...

3 Nasdaq 100 Stocks We Find Risky

The Nasdaq 100 (^NDX) is known for housing some of the most...