Below are corporate bonds currently outstanding issued by our group.

As of April 1, 2021

MS&AD Insurance Group Holdings, Inc.

Issue Amount of Issue Coupon Rate Interest Payment Date Maturity Date
Limited first series of domestic subordinated unsecured bonds with interest deferral option and early redemption option JPY 70 billion

1.03% per annum sup{*1}
 

June 26 and December
26 of each year
Dec. 25, 2076 sup{*2}
Limited second series of domestic subordinated unsecured bonds with interest deferral option and early redemption option JPY 30 billion 1.24% per annum sup{*3} June 26 and December
26 of each year
Dec. 25, 2076 sup{*4}
Limited third series of domestic subordinated unsecured bonds with interest deferral option and early redemption option JPY 50 billion 1.18% per annum sup{*5} January 31 and July 31
of each year
Jan. 31, 2047 sup{*6}

*1 (i) From the day immediately following December 26, 2016 until December 26, 2021 : 1.03% per annum
(ii) From the day immediately following December 26, 2021 until December 26, 2026 : 6-month Japanese yen LIBOR plus 0.87%
(iii) From the day immediately following December 26, 2026 : 6-month Japanese yen LIBOR plus 1.87%
*2 MS&AD Insurance Group Holdings may, at its discretion, redeem the bond (i) on any interest payment date on and after December 26, 2021 or (ii) upon the occurrence and continuation of a regulatory event, a tax deductibility event or a rating agency event on and after December 26, 2016, subject to a prior approval of the regulatory authority
*3 (i) From the day immediately following December 26, 2016 until December 26, 2026 : 1.24% per annum
(ii) From the day immediately following December 26, 2026 : 6-month Japanese yen LIBOR plus 1.92%
*4 MS&AD Insurance Group Holdings may, at its discretion, redeem the bond (i) on any interest payment date on and after December 26, 2026 or (ii) upon the occurrence and continuation of a regulatory event, a tax deductibility event or a rating agency event on and after December 26, 2016, subject to a prior approval of the regulatory authority
*5 (i) From the day immediately following January 31, 2017 until January 31, 2027 : 1.18% per annum
(ii) From the day immediately following January 31, 2027 : 6-month Japanese yen LIBOR plus 1.92%
*6 MS&AD Insurance Group Holdings may, at its discretion, redeem the bond (i) on any interest payment date on and after January 31, 2027 or (ii) upon the occurrence and continuation of a regulatory event, a tax deductibility event or a rating agency event on and after January 31, 2017, subject to a prior approval of the regulatory authority

Mitsui Sumitomo Insurance Co., Ltd.

Issue Amount of Issue Coupon Rate Interest Payment Date Maturity Date
US Dollar-Denominated Subordinated Notes USD 1.3 billion 7.00% per annum sup{*1} March
15 and September 15 of each year
Mar. 15, 2072 sup{*2}
Limited second series of domestic subordinated unsecured bonds with interest deferral option and early redemption option JPY 50 billion 1.39% per annum sup{*3} February 10 and August
10 of each year
Feb. 10, 2076 sup{*4}
Limited third series of domestic subordinated unsecured bonds with interest deferral option and early redemption option JPY 50 billion 0.85% per annumsup{*5} June 12 and December
12 of each year
Dec. 12, 2077sup{*6}
Limited fourth series of domestic subordinated unsecured bonds with interest deferral option and early redemption option JPY 80 billion 1.17% per annumsup{*7} June 12 and December
12 of each year
Dec. 12, 2077sup{*8}
US dollar-denominated perpetual subordinated notes with interest deferral options USD 910 million 4.95% per annumsup{*9}  March 6 and September 6 of each year None(perpetual)sup{*10}
Limited sixth series of unsecured straight bonds with an inter-bond pari passu clause JPY 100 billion 0.13% per
annum
January 31 and July 31 of each year Jul.  31, 2024
Limited fifth series of domestic subordinated unsecured bonds with interest deferral option and early redemption option JPY 100 billion 1.02% per annumsup{*11}  February 8 and August 8 of each year Feb. 7, 2081sup{*12}

*1 The Coupon Rate of the Notes is a fixed rate of 7.00% per annum before March 15, 2022 and a floating rate with step-up thereafter.
*2 The Notes are callable on each interest payment date on and after March 15, 2022 at the discretion of MSI, subject to prior government approval, etc.
*3 From the day immediately following February 10, 2016 until February 10, 2026 : 1.39% per annum (fixed rate) and a floating rate with step-up thereafter.
*4 MSI may, at its discretion, redeem the bond on any interest payment date on and after February 10, 2026, subject to a prior approval of the regulatory authority.
*5 From the day immediately following December 12, 2017 until December 12, 2022 : 0.85% per annum (fixed rate) and a floating rate thereafter with step-up on and after December 12, 2027.
*6 MSI may, at its discretion, redeem the bond on any interest payment date on and after December 12, 2022, subject to a prior approval of the regulatory authority.
*7 From the day immediately following December 12, 2017 until December 12, 2027 :1.17% per annum (fixed rate) and a floating rate with step-up thereafter.
*8 MSI may, at its discretion, redeem the bond on any interest payment date on and after December 12, 2027, subject to a prior approval of the regulatory authority.
*9 A fixed rate of 4.95% per annum before March 6, 2029 and a fixed rate reset with step-up thereafter (reset every 5 years).
*10 Notes are callable on March 6, 2029 and every date which falls five, or multiple of five, years thereafter until the Notes are fully redeemed at the discretion of MSI, subject to prior consent by the regulatory authority, etc.
*11 (i) From the day immediately following February 8, 2021 until February 8, 2031 : 1.02% per annum, (ii) From the day immediately following February 8, 2031 : 5-year JGB interest rate plus 1.96%.
*12 MSI may, at its discretion, redeem the bond (i) on any interest revision date on and after February 8, 2031 or (ii) upon the occurrence and continuation of a regulatory event, a tax deductibility event or a rating agency event on and after February 8, 2021, subject to a prior approval of the regulatory authority.

Aioi Nissay Dowa Insurance Co., Ltd.

Issue

Amount of Issue

Coupon Rate Interest Payment
Date
Maturity Date
No.1 Unsecured Bond (Subordinated) JPY 22 billion 1.809% per
annum
March 27 and
September 27 of each year
Sep. 27, 2022
Limited first series of domestic subordinated unsecured bonds with interest deferral option and early redemption option JPY 25 billion 0.66%per
annumsup{*1}
September 10 and
March 10 of each year
Sep. 10, 2079sup{*2}

Limited second series of domestic subordinated unsecured bonds with interest deferral option and early redemption option

JPY 25 billion

0.87%per
annumsup{*3}

September 10 and
March 10 of each year

Sep. 10, 2079sup{*4}

 *1 From the day immediately following September 10, 2019 until September 10, 2024 : 0.66% per annum(fixed rate)and a floating rate thereafter with step-up on and after September 10, 2029.
 *2 ADI may, at its discretion, redeem the bond on any interest payment date on and after September 10, 2024, subject to a prior approval of the regulatory authority
 *3 From the day immediately following September 10, 2019 until September 10, 2029 : 0.87% per annum(fixed rate)and a floating rate with step-up thereafter.
 *4 ADI may, at its discretion, redeem the bond on any interest payment date on and after September 10, 2029, subject to a prior approval of the regulatory authority