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Issuer Tokyo Century Corporation (Securities Code: 8439)

As of June 23, 2020

Credit Rating Agency Long-term Short-term
Japan Credit Rating Agency (JCR) (Long-term Issuer Rating)
Rating: AA-
Outlook: Stable
(Commercial Paper)
Rating: J-1+
Maximum Outstanding Amount: ¥800 billion
(Preliminary Rating for Bonds Registered for Issuance)
Rating: AA-
Expected Issue Amount: ¥400 billion
Issue Period:
Two Years Beginning February 25, 2020
(Euro Medium-Term Note Program)
Rating: AA-
Maximum Outstanding Amount: Equivalent of US$2 billion
Rating and Investment Information(R&I) (Issuer Rating)
Rating: A
Outlook: Stable
(Commercial Paper)
Rating: a-1
Maximum Outstanding Amount: ¥800 billion
(Preliminary Rating for Bonds Registered for Issuance)
Rating: A
Expected Issue Amount: ¥400 billion
Issue Period:
Two Years Beginning February 25, 2020
(Euro Medium-Term Note Program)
Rating: A
Maximum Outstanding Amount: Equivalent of US$2 billion
S&P Global Ratings Japan(S&P) (Issuer Rating)
Rating: BBB
Outlook: Negative
-

Each bond will be rated by each rating agency upon issuance.

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