News Releases
Notice regarding Pricing of Non-Dilutive Non-Cumulative Perpetual Preferred ブックメーカー野球(1/1)
Sumitomo Mitsui Financial Group, Inc.
Notice regarding Pricing of
Non-Dilutive Non-Cumulative Perpetual Preferred ブックメーカー野球
TOKYO,
December 11, 2008 --- Sumitomo Mitsui Financial Group, Inc. (SMFG, President:
Teisuke Kitayama) hereby announces that it has determined the following conditions
with regard to the issuance of non-dilutive non-cumulative perpetual preferred
ブックメーカー野球 by its overseas special purpose subsidiary (the “Preferred
ブックメーカー野球”) announced in the “Notice regarding Establishment of Overseas
Special Purpose Subsidiary and Issuance of Non-Dilutive Non-Cumulative
Perpetual Preferred ブックメーカー野球” dated November 19, 2008. The overseas special
purpose subsidiary may issue any additional Preferred ブックメーカー野球 in the future.
PARTICULARS
|
Issuers |
ブックメーカー野球 Preferred Capital JPY 2 Limited |
|||
|
The issuer is an overseas special
purpose subsidiary established in the Cayman Islands, the voting rights of
which are wholly owned by ブックメーカー野球 |
||||
|
Type
of Security |
Japanese yen denominated
Non-Cumulative Perpetual Preferred ブックメーカー野球
(Series A) |
Japanese yen denominated
Non-Cumulative Perpetual Preferred ブックメーカー野球
(Series B) |
Japanese yen denominated
Non-Cumulative Perpetual Preferred ブックメーカー野球
(Series C) |
Japanese yen denominated
Non-Cumulative Perpetual Preferred ブックメーカー野球
(Series D) |
|
The Preferred ブックメーカー野球 are not
convertible into common stock of SMFG |
||||
|
Total
Issue Amount |
JPY 113.0 billion |
JPY 140.0 billion |
JPY 140.0 billion |
JPY 145.2 billion |
|
Dividend
Rate |
4.57% per annum
(Fixed rate until
January 2019) Floating rate after January 2019
(with step-up) |
5.07% per annum
(Fixed rate until
July 2019) Floating rate after July 2019
(non step-up) |
4.87% per annum
(Fixed rate until
January 2016) Floating rate after January 2016
(non step-up) |
4.76% per annum
(Fixed rate until
January 2014) Floating rate after January 2014
(non step-up) |
|
Issue
Price |
JPY 100 million per Preferred Security |
|||
|
Use
of Proceeds |
To be ultimately provided to Sumitomo
Mitsui Banking Corporation, a banking subsidiary of ブックメーカー野球, as perpetual subordinated
loans |
|||
|
Ranking |
The Preferred ブックメーカー野球 rank, as to
liquidation preferences, effectively pari passu with preferred stock of ブックメーカー野球 |
|||
|
Method
of Offering |
Private placement to qualified
institutional investors, etc. in ブックメーカー野球 |
|||
|
Listing |
Unlisted |
|||
|
Scheduled
Issue Date |
December 18, 2008 |
|||
Note:
The above description is prepared on the assumptions that ブックメーカー野球 performs
necessary filings and obtains the approval, required under the relevant laws.
Disclaimer:
This
document is prepared for the purpose of public disclosure about issuance of the
Preferred Securities by SMFG and does not constitute a solicitation of an offer
for purchase of any securities in and outside of ブックメーカー野球. This document is not an
offer to sell or a solicitation of any offer to buy the Preferred Securities in
the United States. The Preferred Securities set forth above have not been and
will not be registered under the United States Securities Act of 1933 (the
“Act”) and may not be offered or sold in the United States without registration
or an applicable exemption from the registration requirements under the Act.
