News Release

Yanmar Issues Bonds on the TOKYO PRO-BOND Market

February 19, 2021
Yanmar Holdings Co., Ltd.

Yanmar Holdings today announced the terms of issue of the first tranche of corporate bonds for the TOKYO PRO-BOND Market program listings of January 22.

The TOKYO PRO-BOND Market is a market for professional investors. By program listing on this market, Yanmar will be able to flexibly issue bonds within a preset quota. With this listing, the company will be able to establish a stronger business foundation for future growth by diversifying financing methods and stabilizing the financial base.

TOKYO PRO-BOND Market Program Listings

Listed Market TOKYO PRO-BOND Market
Listing Date January 22, 2021
Maximum Outstanding Issuance Amount JPY 20,000,000,000
Rating BBB+ (Japan Credit Rating Agency, Ltd.)

Issuance Conditions of the 1st Tranche of Bonds

Pricing Date February 19, 2021
Total Principal Amount JPY 5,000,000,000
Amount of each bond JPY 100,000,000
Issue Amount ¥100 per ¥100 in face value of each Bond
Rate of Interest 0.49%
Settlement Date February 26, 2021
Maturity Date February 26, 2026
Underwriters Mizuho Securities Co., Ltd.
SMBC Nikko Securities Inc.
Goldman Sachs Japan Co., Ltd.
Rating BBB+ (Japan Credit Rating Agency, Ltd.)

About Yanmar

Founded in Osaka, Japan in 1912, Yanmar was the first ever to succeed in making a compact diesel engine of a practical size in 1933. A pioneer in diesel engine technology, Yanmar is a global innovator in a wide range of industrial equipment, from small and large engines, agricultural machinery and facilities, construction equipment, energy systems, marine, to machine tools, and components — Yanmar’s global business operations span seven domains.
On land, at sea, and in the city, Yanmar provides advanced solutions to the challenges customers face, towards realizing A Sustainable Future.
For more details, please visit the official website of Yanmar Holdings Co., Ltd.

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