Sony Corporation announced today that it has determined the terms of three tranches of straight bonds in Japan in the total principal amount of 37.5 billion yen to be issued under its domestic bond shelf registration. The unused maximum aggregate principal amount under the shelf registration is 300 billion yen and the shelf registration’s period of effectiveness ends on June 27, 2010. Sony intends to use the proceeds of the issues for the redemption of corporate bonds.
Read more about this at Sony Investor Relations.