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Issuance of Domestic Unsecured Yen Bonds
May 16, 2012
Kobe Steel, Ltd. hereby gives notice that it has decided to issue Domestic Unsecured Yen Bonds under the terms as set forth below:
I. Domestic Unsecured Yen Bonds due 22 May 2019
| 1. Name: | Kobe Steel, Ltd. Series 59 Unsecured Bonds (Limited Inter-Bond Pari Passu Clause) |
| 2. Total Amount of Issue: | 15 Billion Yen |
| 3. Denomination of Bond: | 100,000,000 Yen each |
| 4. Interest Rate: | 0.696% per annum of the principal of the Bonds |
| 5. Issue Price: |
100% of the principal amount of the Bonds |
| 6. Redemption Price: | 100% of the principal amount of the Bonds |
| 7. Maturity Date: | To be redeemed in a lump sum on 22 May 2019 |
| 8. Offering Period: | 16 May 2012 |
| 9. Closing Date: | 22 May 2012 |
| 10. Method of Issue: |
Public offering in the domestic market |
| 11. Date of Payment of Interest on the Bonds: | Semiannually on 22 May and 22 November |
| 12. Status of the Bonds: |
Unsecured by assets or guarantees |
| 13. Fiscal Agent: |
Mizuho Corporate Bank, Ltd. |
| 14. Underwriters: | - Mizuho Securities Co., Ltd. - Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. - Daiwa Securities Co. Ltd. as the "Joint Lead Managers" |
Use of Proceeds: To be applied mainly toward the redemption of bonds
II. Domestic Unsecured Yen Bonds due 20 May 2022
| 1. Name: | Kobe Steel, Ltd. Series 60 Unsecured Bonds (Limited Inter-Bond Pari Passu Clause) |
| 2. Total Amount of Issue: | 10 Billion Yen |
| 3. Denomination of Bond: | 100,000,000 Yen each |
| 4. Interest Rate: | 1.117% per annum of the principal of the Bonds |
| 5. Issue Price: | 100% of the principal amount of the Bonds |
| 6. Redemption Price: | 100% of the principal amount of the Bonds |
| 7. Maturity Date: |
To be redeemed in a lump sum on 20 May 2022 |
| 8. Offering Period: | 16 May 2012 |
| 9. Closing Date: | 22 May 2012 |
| 10. Method of Issue: | Public offering in the domestic market |
| 11. Date of Payment of Interest on the Bonds: | Semiannually on 22 May and 22 November |
| 12. Status of the Bonds: | Unsecured by assets or guarantees |
| 13. Fiscal Agent: | The Bank of Tokyo-Mitsubishi UFJ, Ltd. |
| 14. Underwriters: | - Mizuho Securities Co., Ltd. - Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. - Goldman Sachs Japan Co., Ltd. as the "Joint Lead Managers" |
Use of Proceeds: To be applied mainly toward the redemption of bonds
