MOL Announces Conditions for Public Offering of Hybrid Corporate Bonds


Tokyo - April 21, 2021


Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that it has determined the conditions for the issuance of publicly offered hybrid corporate bonds (no collateral and subordinated corporate bonds) (the "Hybrid Bonds").

The company issued a press release on March 17 announcing its intent to issue the bonds (Note 1). Details are as follows.



(Note 1) Please refer to March 17, 2021 press release: MOL Announces Issuance of Publicly Offered Hybrid Corporate Bonds

(Note 2) The fixed interest rate will be applied from the day after April 27, 2021, to April 27, 2026, and a variable interest rate from the day after April 27, 2026 ("Step-up interest rates" will be applied from the day after April 27, 2026).

Note: This announcement is prepared solely for purpose of public disclosure regarding the issuance of hybrid corporate bonds (no collateral and subordinated corporate bonds), and does not constitute a solicitation of investments or any similar acts.

Mitsui O.S.K. Lines, Ltd. press release