Tokyo Gas Decides to Issue 75th and 76th Unsecured Bonds

Tokyo Gas has decided to issue its 75th and 76th series of unsecured bonds, which include a pari passu clause.
financeNQ 31/100出典:PR Times

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  • 📰 Published: May 29, 2026 at 14:00
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Tokyo Gas Co., Ltd. (President: Shinichi Sasayama) announced today that it has decided to issue the 75th series of unsecured bonds (with a pari passu clause) and the 76th series of unsecured bonds (with a pari passu clause). Details regarding the issuance terms will be determined based on future market conditions.

FAQ

What is a negative pledge clause (pari passu)?

It is a clause ensuring that the bond ranks equally in priority with other existing unsecured debt.