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DMG MORI CO ( (JP:6141) ) has shared an announcement.
DMG MORI plans to raise up to 30 billion yen through a new mix of perpetual subordinated bonds and a subordinated loan, replacing its existing hybrid financing put in place in 2021. The new sixth series of perpetual subordinated unsecured bonds will carry interest deferral options and an optional redemption feature starting five years after issuance, with equity credit expected by rating agencies to be equivalent to or higher than the current instruments.
The structure explicitly rules out conversion into common stock, ensuring no share dilution for existing shareholders while preserving the company’s hybrid capital profile. By refinancing before the first optional redemption window of the older subordinated bonds in 2026, DMG MORI aims to maintain financial flexibility and capital-strength metrics that support its credit standing and long-term funding for operations and growth.
More about DMG MORI CO
DMG MORI CO., LTD. is a Japan-based machine tool manufacturer listed on the Tokyo Stock Exchange Prime market. The company focuses on producing advanced machine tools and related solutions for global manufacturing industries, serving sectors that demand high-precision, high-productivity equipment and long-term capital investments.
Average Trading Volume: 1,467,756
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen415.9B
Find detailed analytics on 6141 stock on TipRanks’ Stock Analysis page.