March 12, 2008
Notification with Respect to Issuance of Unsecured Straight Bonds
Kirin Holdings Company, Limited has determined conditions for the issuance of Series 1, Series 2, Series 3 and Series 4 unsecured straight bonds (with inter-bond pari passu clause) (respectively, the "Unsecured Pari Passu Bonds"). In connection with such decision, we would like to provide notice of the following:
| 1. | Kirin Holdings Company Limited Series 1 Unsecured Pari Passu Bonds; | |||
| (1) | Total amount of issue | : | 80 billion yen | |
| (2) | Denomination of each Bond | : | 100 million yen | |
| (3) | Application of the Law Concerning Book-Entry Transfer of Corporate Bonds, etc. | : | The Unsecured Pari Passu Bonds are subject to the application of provisions of the Law Concerning Book–Entry Transfer of Corporate Bonds, etc. (the "Law"). Pursuant to a provision of Article 67, Paragraph 1 of the Law, bond certificates shall not be issued for the Unsecured Pari Passu Bonds. | |
| (4) | Interest rate | : | 1.09% per annum | |
| (5) | Issue price | : | 99.97 yen per face value 100 yen | |
| (6) | Redemption price | : | 100 yen per face value 100 yen | |
| (7) | Term and Redemption method |
: | 5 years | |
| i. Maturity date | : | The principal of the Unsecured Pari Passu Bonds shall be redeemed in a lump sum on March 19, 2013. | ||
| ii. Retirement by purchase | : | The issuer may repurchase the Unsecured Pari Passu Bonds on or after the day after the payment date. | ||
| (8) | Interest payment date | : | March 19 and September 19 of each year (Initial interest payment date: September 19, 2008). |
|
| (9) | Offering period | : | Wednesday, March 12, 2008 | |
| (10) | Payment date | : | Wednesday, March 19, 2008 | |
| (11) | Collateral and Guarantees | : | The Unsecured Pari Passu Bonds are neither secured by any collateral nor guaranteed, and there are no particular assets reserved for the payment of the Unsecured Pari Passu Bonds. | |
| (12) | Fiscal covenants | : | A collateral provision restriction clause is attached. | |
| (13) | Underwriters | : | Mitsubishi UFJ Securities Co., Ltd. and Nikko Citigroup Limited (Japan) shall serve as the co-lead managing underwriters for this syndication. | |
| (14) | Place for application | : | Head offices and domestic branch offices of the underwriters. | |
| (15) | Fiscal, issuing and paying agent | : | The Bank of Tokyo-Mitsubishi UFJ, Ltd. | |
| (16) | Book-entry transfer institution | : | Japan Securities Depository Center, Inc. | |
| (17) | Rating | : | "AA −" from Rating and Investment Information, Inc.; and "Aa 3" from Moody's Investors Service, Inc. |
|
| 2. | Kirin Holdings Company Limited Series 2 Unsecured Pari Passu Bonds; | |||
| (1) | Total amount of issue | : | 30 billion yen | |
| (2) | Denomination of each Bond | : | 100 million yen | |
| (3) | Application of the Law Concerning Book-Entry Transfer of Corporate Bonds, etc. | : | The Unsecured Pari Passu Bonds are subject to the application of provisions of the Law Concerning Book–Entry Transfer of Corporate Bonds, etc. (the "Law"). Pursuant to a provision of Article 67, Paragraph 1 of the Law, bond certificates shall not be issued for the Unsecured Pari Passu Bonds. | |
| (4) | Interest rate | : | 1.27% per annum | |
| (5) | Issue price | : | 99.96 yen per face value 100 yen | |
| (6) | Redemption price | : | 100 yen per face value 100 yen | |
| (7) | Term and Redemption method |
: | 7 years | |
| i. Maturity date | : | The principal of the Unsecured Pari Passu Bonds shall be redeemed in a lump sum on March 19, 2015. | ||
| ii. Retirement by purchase | : | The issuer may repurchase the Unsecured Pari Passu Bonds on or after the day after the payment date. | ||
| (8) | Interest payment date | : | March 19 and September 19 of each year (Initial interest payment date: September 19, 2008). |
|
| (9) | Offering period | : | Wednesday, March 12, 2008 | |
| (10) | Payment date | : | Wednesday, March 19, 2008 | |
| (11) | Collateral and Guarantees | : | The Unsecured Pari Passu Bonds are neither secured by any collateral nor guaranteed, and there are no particular assets reserved for the payment of the Unsecured Pari Passu Bonds. | |
| (12) | Fiscal covenants | : | A collateral provision restriction clause is attached. | |
| (13) | Underwriter | : | Mitsubishi UFJ Securities Co., Ltd. shall serve as the lead managing underwriter for this syndication. | |
| (14) | Place for application | : | Head office and domestic branch offices of the underwriter. | |
| (15) | Fiscal, issuing and paying agent | : | The Bank of Tokyo-Mitsubishi UFJ, Ltd. | |
| (16) | Book-entry transfer institution | : | Japan Securities Depository Center, Inc. | |
| (17) | Rating | : | "AA −" from Rating and Investment Information, Inc.; and "Aa 3" from Moody's Investors Service, Inc. |
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| 3. | Kirin Holdings Company Limited Series 3 Unsecured Pari Passu Bonds; and | |||
| (1) | Total amount of issue | : | 70 billion yen | |
| (2) | Denomination of each Bond | : | 100 million yen | |
| (3) | Application of the Law Concerning Book-Entry Transfer of Corporate Bonds, etc. | : | The Unsecured Pari Passu Bonds are subject to the application of provisions of the Law Concerning Book–Entry Transfer of Corporate Bonds, etc. (the "Law"). Pursuant to a provision of Article 67, Paragraph 1 of the Law, bond certificates shall not be issued for the Unsecured Pari Passu Bonds. | |
| (4) | Interest rate | : | 1.69% per annum | |
| (5) | Issue price | : | 99.98 yen per face value 100 yen | |
| (6) | Redemption price | : | 100 yen per face value 100 yen | |
| (7) | Term and Redemption method |
: | 10 years | |
| i. Maturity date | : | The principal of the Unsecured Pari Passu Bonds shall be redeemed in a lump sum on March 19, 2018. | ||
| ii. Retirement by purchase | : | The issuer may repurchase the Unsecured Pari Passu Bonds on or after the day after the payment date. | ||
| (8) | Interest payment date | : | March 19 and September 19 of each year (Initial interest payment date: September 19, 2008). |
|
| (9) | Offering period | : | Wednesday, March 12, 2008 | |
| (10) | Payment date | : | Wednesday, March 19, 2008 | |
| (11) | Collateral and Guarantees | : | The Unsecured Pari Passu Bonds are neither secured by any collateral nor guaranteed, and there are no particular assets reserved for the payment of the Unsecured Pari Passu Bonds. | |
| (12) | Fiscal covenants | : | A collateral provision restriction clause is attached. | |
| (13) | Underwriters | : | Mitsubishi UFJ Securities Co., Ltd., Nikko Citigroup Limited (Japan) and Nomura Securities Co., Ltd. shall serve as the co-lead managing underwriters for this syndication. | |
| (14) | Place for application | : | Head offices and domestic branch offices of the underwriters. | |
| (15) | Fiscal, issuing and paying agent | : | The Bank of Tokyo-Mitsubishi UFJ, Ltd. | |
| (16) | Book-entry transfer institution | : | Japan Securities Depository Center, Inc. | |
| (17) | Rating | : | "AA −" from Rating and Investment Information, Inc.; and "Aa 3" from Moody's Investors Service, Inc. |
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| 4. | Kirin Holdings Company Limited Series 4 Unsecured Pari Passu Bonds; | |||
| (1) | Total amount of issue | : | 20 billion yen | |
| (2) | Denomination of each Bond | : | 100 million yen | |
| (3) | Application of the Law Concerning Book-Entry Transfer of Corporate Bonds, etc. | : | The Unsecured Pari Passu Bonds are subject to the application of provisions of the Law Concerning Book–Entry Transfer of Corporate Bonds, etc. (the "Law"). Pursuant to a provision of Article 67, Paragraph 1 of the Law, bond certificates shall not be issued for the Unsecured Pari Passu Bonds. | |
| (4) | Interest rate | : | 1.86% per annum | |
| (5) | Issue price | : | 99.92 yen per face value 100 yen | |
| (6) | Redemption price | : | 100 yen per face value 100 yen | |
| (7) | Term and Redemption method |
: | 12 years | |
| i. Maturity date | : | The principal of the Unsecured Pari Passu Bonds shall be redeemed in a lump sum on March 19, 2020. | ||
| ii. Retirement by purchase | : | The issuer may repurchase the Unsecured Pari Passu Bonds on or after the day after the payment date. | ||
| (8) | Interest payment date | : | March 19 and September 19 of each year (Initial interest payment date: September 19, 2008). |
|
| (9) | Offering period | : | Wednesday, March 12, 2008 | |
| (10) | Payment date | : | Wednesday, March 19, 2008 | |
| (11) | Collateral and Guarantees | : | The Unsecured Pari Passu Bonds are neither secured by any collateral nor guaranteed, and there are no particular assets reserved for the payment of the Unsecured Pari Passu Bonds. | |
| (12) | Fiscal covenants | : | A collateral provision restriction clause is attached. | |
| (13) | Underwriters | : | Mitsubishi UFJ Securities Co., Ltd., Daiwa Securities SMBC Co. Ltd. and UBS Securities Japan Ltd shall serve as the co-lead managing underwriters for this syndication. | |
| (14) | Place for application | : | Head offices and domestic branch offices of the underwriters. | |
| (15) | Fiscal, issuing and paying agent | : | The Bank of Tokyo-Mitsubishi UFJ, Ltd. | |
| (16) | Book-entry transfer institution | : | Japan Securities Depository Center, Inc. | |
| (17) | Rating | : | "AA −" from Rating and Investment Information, Inc.; and "Aa 3" from Moody's Investors Service, Inc. |
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End of Document
Note: This document is a press release intended for publicizing the issuance of the Kirin Holdings Company, Limited Series 1, Series 2, Series 3 and Series 4 Unsecured Straight Bonds (with inter-bond pari passu clause) and is not intended as a solicitation for investment or similar activity.