Iwatani announced to issue a euro/yen convertible bond (CB) on October 22 (London time), for expiration in 2020 in the total bond amount of JPY30 billion. As it is a zero-coupon bond, the bond rate is 0%. The redemption period at maturity is October 22, 2020.
　
The amount of JPY30 billion to be procured will include the following allocated funds in terms of approximate budget:-

8 billion for H2 station developments by March 2016 and 5 billion for LH2 production facilities by March 2018 respectively in the H2 business;

3 billion for the reinforcement and development of LPG bases in the integrated energy business by March 2017;

3 billion for the construction of gas cartridge by March 2016;

5 billion of M&A fund for enhancement of LPG business by March 2018; and
6 billion for the investment related to helium transportation containers by March 2018 in the industrial gas and machinery business.