Announcement Regarding Issuance of Won Denominated Unsecured Notes in South Korea
TOKYO, Japan - May 26, 2016 - ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today announced that its subsidiary in South Korea, ORIX Capital Korea Corporation, has issued Won denominated unsecured notes in the South Korean market under the conditions indicated below.
Issuer: ORIX Capital Korea Corporation
Amount: 20 billion Korean Won (Approximately 1.9billion yen)
Coupon rate: 2.500%p.a.
Issue price: 100% of face value
Maturity: 1 year and 9 months (February 26, 2018)
Settlement date: May 26, 2016
Rating: A0 (Stable)
Korea Ratings, Korea Investors Service
Others: No guarantee by ORIX Corporation
Corporate Planning Department Tel: +81-3-3435-3121
ORIX Corporation (TSE: 8591; NYSE: IX) is a financial services group which provides innovative products and services to its customers by constantly pursuing new businesses. Established in 1964, from its start in the leasing business, ORIX has advanced into neighboring fields and at present has expanded into the lending, investment, life insurance, banking, asset management, automobile-related, real estate and environment and energy-related businesses. Since its first overseas expansion into Hong Kong in 1971, ORIX has spread its business globally by establishing locations in a total of 37 countries and regions across the world. Moving forward, ORIX aims to contribute to society while continuing to capture new business opportunities. For more details, please visit our website: http://www.orix.co.jp/grp/en/
Caution Concerning Forward Looking Statements:
These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under "Risk Factors" in the Company's annual report on Form 20-F filed with the United States Securities and Exchange Commission and under "4. Risk Factors" of the "Summary of Consolidated Financial Results" of the "Consolidated Financial Results April 1, 2015 - March 31, 2016."
ORIX Corporation published this content on 26 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 May 2016 02:40:06 UTC.