Metaplanet Inc. plans to issue ¥5.0 billion ($31.9 million) in ordinary bonds to accelerate its Bitcoin buys. The offering will carry no interest and be redeemed at face value, with each bond worth 100 yen per 100 yen principal amount. The scheduled issuance date is December 20, 2024, with the maturity date set for June 16, 2025. The entire security will be allocated to EVO FUND, a private investment entity, and will be subject to redemption provisions.
Source: Wayne Jones, 2024-12-23; https://cryptopotato.com/metaplanet-accelerates-bitcoin-acquisition-with-new-31m-bond-issuance/