ORIX:Announcement Regarding Issuance of Indian Rupee Denominated Secured Non-Convertible Debentures in India
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ORIX Corporation , a leading integrated financial services group, announced recently that its subsidiary in India, ORIX Leasing & Financial Services India Limited, has issued Indian Rupee denominated secured non-convertible debentures in the India market under the conditions indicated below.
Issuer: ORIX Leasing & Financial Services India Limited Amount: INR 1.2 billion (Approximately JPY 1.8billion) Coupon rate: 8.70%p.a. Issue price: 100% of face value Settlement date: August 3, 2016 Maturity: August 2, 2019 (3 years) Rating: AAA (Stable) India Ratings & Research (Fitch Group) Others: No guarantee by ORIX Corporation
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