Today, Tokyo Stock Exchange approved a yen-denominated bond with a total value of JPY 10 billion (fixed rate bond maturity: 5 years, coupon:0.863%) from First Gulf Bank (http://www.fgb.ae/en/index.aspx) for listing on the professional-oriented TOKYO PRO-BOND Market.
First Gulf Bank has listed program information for 1 year from June 11, 2014 with an issuance limit of USD 1 billion. This listing will be the initial series of individual bonds listed under the program. The lead underwriters of this bond are HSBC Bank plc and Mizuho International plc. The subscription period will conclude on July 2, 2014, with listing following on July 3. Moreover, details on the issuance conditions of these bonds can be found in the Specified Securities Information (Supplement) of the TOKYO PRO-BOND Market website (http://www.tse.or.jp/english/rules/probond/publication-company/latest-publication.html).
FTSE Mondo Visione Exchanges Index:
Tokyo Stock Exchange: First Gulf Bank P.J.S.C. To List Yen-Denominated Foreign Bond On TOKYO PRO-BOND Market With Value Of JPY 10 Billion
Date 27/06/2014