NEC Capital Solutions (TYO:8793) plans to issue its 32nd and 33rd unsecured bond series, each totalling 12 billion yen, according to a Tokyo bourse filing on Friday.
The 32nd bonds carry an interest rate of 2.086% with a maturity date of May 28, 2029, while the 33rd bonds bear a 2.567% rate and mature on May 28, 2031.
Both series are unsecured, have a face value of 100 million yen per bond, and will be issued at par with redemption also at par.
The bonds received credit ratings of A from Japan Credit Rating Agency and A- from Rating & Investment Information, with payment scheduled for May 28.