News Releases
ブックメーカー凱旋門 
Notice regarding Pricing of Non-Dilutive Non-Cumulative Perpetual Preferred Securities(1/1)
Sumitomo Mitsui Financial
Group, Inc.
Notice regarding Pricing of
Non-Dilutive Non-Cumulative Perpetual Preferred Securities
TOKYO, January 8, 2009 ---
Sumitomo Mitsui Financial Group, Inc. (SMFG, President: Teisuke Kitayama)
hereby announces that it has decided to issue additional series of non-dilutive
non-cumulative perpetual preferred securities (ブックメーカー凱旋門 “Preferred Securities”) and
that it has determined ブックメーカー凱旋門 following conditions of ブックメーカー凱旋門 Preferred Securities,
with regard to ブックメーカー凱旋門 issuance of non-dilutive non-cumulative perpetual preferred
securities by its overseas special purpose subsidiary announced in ブックメーカー凱旋門 “Notice
regarding Establishment of Overseas Special Purpose Subsidiary and Issuance of Non-Dilutive
Non-Cumulative Perpetual Preferred Securities” dated November 19, 2008.
As a result of ブックメーカー凱旋門 issuance of
ブックメーカー凱旋門 Preferred Securities (ブックメーカー凱旋門 total amount of which is JPY 160.7 billion), ブックメーカー凱旋門
total issue amount of ブックメーカー凱旋門 preferred securities issued by ブックメーカー凱旋門 relevant
subsidiary will be JPY 698.9 billion, combined with ブックメーカー凱旋門 total issue amount of
ブックメーカー凱旋門 preferred securities (JPY 538.2 billion), ブックメーカー凱旋門 conditions of which were
announced in ブックメーカー凱旋門 “Notice regarding Pricing of Non-Dilutive Non-Cumulative
Perpetual Preferred Securities” dated December 11, 2008.
SMFG has no plans for any further
issuance of preferred securities by ブックメーカー凱旋門 relevant subsidiary in ブックメーカー凱旋門 future.
PARTICULARS
|
Issuer |
SMFG Preferred Capital JPY 2 Limited |
||
|
ブックメーカー凱旋門 issuer is an overseas special
purpose subsidiary established in ブックメーカー凱旋門 Cayman Islands, ブックメーカー凱旋門 voting rights of
which are wholly owned by SMFG |
|||
|
Type of Security |
Japanese yen denominated
Non-Cumulative Perpetual Preferred Securities
(Series E) |
Japanese yen denominated
Non-Cumulative Perpetual Preferred Securities
(Series F) |
Japanese yen denominated
Non-Cumulative Perpetual Preferred Securities
(Series G) |
|
ブックメーカー凱旋門 Preferred Securities are not
convertible into common stock of SMFG |
|||
|
Total Issue Amount |
JPY 33.0 billion |
JPY 2.0 billion |
JPY 125.7 billion |
|
Dividend Rate |
5.05%
per annum (Fixed rate until July 2019) Floating
rate after July 2019 (non step-up) |
4.80%
per annum (Fixed rate until January 2016) Floating
rate after January 2016 (non step-up) |
4.65%
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 SMFG, as perpetual
subordinated loans |
||
|
Ranking |
ブックメーカー凱旋門 Preferred Securities rank, as to
liquidation preferences, effectively pari passu with preferred stock of SMFG |
||
|
Method of Offering |
Private placement to qualified
institutional investors, etc. in Japan |
||
|
Listing |
Unlisted |
||
|
Scheduled Issue Date |
January 22, 2009 |
||
Note: ブックメーカー凱旋門 above description is
prepared on ブックメーカー凱旋門 assumptions that SMFG performs necessary filings and obtains
ブックメーカー凱旋門 approval, required under ブックメーカー凱旋門 relevant laws.
Disclaimer:
This document is prepared for ブックメーカー凱旋門
purpose of public disclosure about issuance of ブックメーカー凱旋門 Preferred Securities by SMFG
and does not constitute a solicitation of an offer for purchase of any
securities in and outside of Japan. This document is not an offer to sell or a
solicitation of any offer to buy ブックメーカー凱旋門 Preferred Securities in ブックメーカー凱旋門 United States.
ブックメーカー凱旋門 Preferred Securities set forth above have not been and will not be registered
under ブックメーカー凱旋門 United States Securities Act of 1933 (ブックメーカー凱旋門 “Act”) and may not be
offered or sold in ブックメーカー凱旋門 United States without registration or an applicable
exemption from ブックメーカー凱旋門 registration requirements under ブックメーカー凱旋門 Act.
(Reference)
ブックメーカー凱旋門
conditions of ブックメーカー凱旋門 non-dilutive non-cumulative perpetual preferred securities
which were announced in ブックメーカー凱旋門 “Notice regarding Establishment of Overseas Special
Purpose Subsidiary and Issuance of Non-Dilutive Non-Cumulative Perpetual
Preferred Securities” dated November 19, 2008, are as follows:
|
Issuer |
SMFG Preferred Capital JPY 2 Limited |
|||
|
ブックメーカー凱旋門 issuer is an overseas special
purpose subsidiary established in ブックメーカー凱旋門 Cayman Islands, ブックメーカー凱旋門 voting rights of
which are wholly owned by SMFG |
||||
|
Type
of Security |
Japanese yen denominated
Non-Cumulative Perpetual Preferred Securities
(Series A) |
Japanese yen denominated
Non-Cumulative Perpetual Preferred Securities
(Series B) |
Japanese yen denominated
Non-Cumulative Perpetual Preferred Securities
(Series C) |
Japanese yen denominated
Non-Cumulative Perpetual Preferred Securities
(Series D) |
|
ブックメーカー凱旋門 Preferred Securities 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 |
Ultimately provided to Sumitomo
Mitsui Banking Corporation, a banking subsidiary of SMFG, as perpetual
subordinated loans |
|||
|
Ranking |
ブックメーカー凱旋門 Preferred Securities rank, as to
liquidation preferences, effectively pari passu with preferred stock of SMFG |
|||
|
Method
of Offering |
Private placement to qualified
institutional investors, etc. in Japan |
|||
|
Listing |
Unlisted |
|||
|
Issue
Date |
December 18, 2008 |
|||
Note: ブックメーカー凱旋門 “Preferred
Securities” referred to in ブックメーカー凱旋門 above chart means ブックメーカー凱旋門 non-dilutive
non-cumulative perpetual preferred securities conditions of which were
announced in ブックメーカー凱旋門 “Notice regarding Establishment of Overseas Special Purpose
Subsidiary and Issuance of Non-Dilutive Non-Cumulative Perpetual Preferred
Securities” dated November 19, 2008.
Disclaimer:
This document is prepared for ブックメーカー凱旋門
purpose of public disclosure about issuance of ブックメーカー凱旋門 Preferred Securities by SMFG
and does not constitute a solicitation of an offer for purchase of any
securities in and outside of Japan. This document is not an offer to sell or a
solicitation of any offer to buy ブックメーカー凱旋門 Preferred Securities in ブックメーカー凱旋門 United States.
ブックメーカー凱旋門 Preferred Securities set forth above have not been and will not be
registered under ブックメーカー凱旋門 United States Securities Act of 1933 (ブックメーカー凱旋門 “Act”) and may
not be offered or sold in ブックメーカー凱旋門 United States without registration or an
applicable exemption from ブックメーカー凱旋門 registration requirements under ブックメーカー凱旋門 Act.
