U-NEXT HOLDINGS (TYO:9418) said it will issue 20 billion yen in unsecured straight bonds in Japan to strengthen its financial base and fund investments under its medium-term plan "Road to 2030," according to a Friday filing on the Tokyo Stock Exchange.
The bonds carry a 1.892% annual coupon and mature on Nov. 13, 2030. Daiwa Securities will act as lead underwriter, while Mizuho Bank serves as fiscal agent.
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