Meiji Yesuda Life Insurance Company $2 billion 5.2% hybrid bond issue

16/10/2015
Convertible and hybrid securities, Investment grade bond/note issue

$ 2 billion

Completed

16/10/2015


Overview:

  • Meiji Yasuda Life Insurance Company has issued $2 billion in hybrid bonds.
  • The 5.2% bonds are due in 2045 and issued on the Singapore Stock Exchange.
  • The bonds were issued under Rule 144A/Reg S.
  • JPMorgan, Morgan Stanley and Mizuho Securities acted as joint lead managers.

Sam Duke - Editor

Jurisdiction:

Japan

Deal types:

Convertible and hybrid securities
Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Insurance


Firms:

Party: Meiji Yasuda Life Insurance (Issuer)


Party: JPMorgan Securities (Joint lead manager)

Party: Morgan Stanley (Joint lead manager)

Party: Mizuho Securities (Joint lead manager)


Party: Meiji Yasuda Life Insurance (Issuer)


Party: JPMorgan Securities (Joint lead manager)

Party: Morgan Stanley (Joint lead manager)