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NSG Group - Straight Bond Issuance

Date
03 Dec 2010

NSG Group announces the issuance of a new domestic bond totaling JPY 24 billion which matures in five years.

The total proceeds will be used to refinance existing indebtedness thus further improving the maturity profile and reducing refinancing risk.

The transaction confirms bond investor’s confidence in the credit quality of NSG Group, whose last public bond issuance was in May 2008.

The bond was underwritten by Nikko Cordial Securities Inc (Lead Manager), Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Mizuho Securities Co., Ltd. and Shinkin Securities Co., Ltd.