Fiscal 2009 / Press Releases

December 4, 2009

Asahi Kasei Corporation
Security Code: 3407

Issuance of unsecured straight bonds

Asahi Kasei has today determined the terms of the eighth series unsecured straight bonds (with inter-bond pari passu clause) as follows.

1.	Total amount of issue:		20 billion yen
2.	Denomination:		100 million yen
3.	Interest rate:		1.455% per annum
4.	Issue price:		100 yen per face value of 100 yen
5.	Redemption price:		100 yen per face value of 100 yen
6.	Term and redemption method
	i.	Maturity date:	December 11, 2019
	ii.	Redemption:	Bullet
	iii.	Retirement by purchase:	The bonds may be repurchased at any time from the day following the payment date except as otherwise specified by the book-entry transfer institution
7.	Interest payment dates:		June 11 and December 11 of each year
8.	Offering period:		December 4, 2009
9.	Payment date:		December 11, 2009
10.	Collateral and guarantee:		The bonds are not secured by any collateral or guarantee, and there are no particular assets reserved for the payment of these bonds
11.	Fiscal covenants:		Negative pledge clause is attached
12.	Underwriters:		Mizuho Securities Co., Ltd., Nomura Securities Co., Ltd., Daiwa Securities SMBC Co., Ltd., Nikko Cordial Securities Inc., and Mitsubishi UFJ Securities Co., Ltd.
13.	Fiscal agent:		Sumitomo Mitsui Banking Corp.
14.	Book-entry transfer institution:		Japan Securities Depository Center, Inc.
15.	Application of the Act on Book-Entry Transfer of Company Bonds, Shares, etc.:
		The Bonds are subject to application of the Act on Book-Entry Transfer of Company Bonds, Shares, etc.
16.	Ratings:		"AA-" from Rating and Investment Information, Inc. and "AA" from Japan Credit Rating Agency, Ltd.