Other DebtExpiredBTC
4th Series Unsecured Straight Bond
SSCI-B4
70.00 JPY▲ 0.00%
BTC Holdings
296.241 BTC
Total Debt
¥755.63M
Leverage
0.0%
mNAV
3.58x
Outstanding
¥0.00
Issue date
2025-09-30
Principal
¥1.00B
Coupon
0.00%
Maturity
2026-09-30
Conversion price
—
- Issued at ¥95 per ¥100 face value (5.26% effective yield)
- Bondholder put at par if stock < ¥68 for 5 consecutive trading days
Terms & Documentation
Terms
- BTC strategy
- Yes
- Ranking
- Unsecured
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Prepayment
- Redeemable at par at company option
Participants
Holders & Underwriters(1)
- 4th & 5th Series Unsecure…Long Corridor Alpha Opportunities Master Fundunderwriter¥1Bas of 2025-09-30Joint underwriter with MAP246 and BEMAP funds
Outstanding History
Outstanding history(4)
| As of | Event | Outstanding |
|---|---|---|
| 2025-11-28 | Redemption | ¥0.00 Final redemption of remaining ¥100M — 4th Series Bond fully retired. |
| 2025-10-24 | Redemption | ¥100.00M Second partial early redemption — ¥575M of remaining ¥675M. Outstanding ¥100M. |
| 2025-10-10 | Redemption | ¥675.00M Partial early redemption — 10億円のうち３億25百万円. Remaining ¥675M. |
| 2025-09-30 | Issuance | ¥1.00B |
- 2025-11-28 — ¥0Item 2 — 変更の内容 / 取締役会決議
- 2025-10-24 — ¥100,000,000Item 1 — 変更の理由 / 取締役会決議
- 2025-10-10 — ¥675,000,000Item 1 — 変更の理由 / 取締役会決議
- 2025-09-30 — ¥1,000,000,000Section III