Other DebtActiveBTC
8th Unsecured Bond (Private Placement)
3189-Jun27
BTC Holdings
1,431.972 BTC
Total Debt
¥9.94B
Leverage
54.1%
mNAV
0.37x
Outstanding
¥1.15B
Issue date
2025-12-15
Principal
¥2.00B
Coupon
0.00%
Maturity
2027-06-02
Conversion price
—
- Automatic early repayment linked to 8th warrant exercises; 8th warrants cancelled Mar 2026, remaining balance due at maturity
Terms & Documentation
Terms
- BTC strategy
- Yes
- Ranking
- Unsecured
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
Sources(1)
- Timely Disclosure (8th Wa…FilingTimely Disclosure (8th Warrants, 1st CB, 8th Bond)第8回無担保社債(少人数私募)Anap Holdings Inc. — 2025-10-29
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding | Source |
|---|---|---|---|
| 2026-02-28 | Redemption | ¥1.15B ¥850M face redeemed via automatic early redemption linked to 8th warrant exercises (Q2 FY2026 period Sep 2025–Feb 2026). Derived: ¥2,000M original - ¥850M redeemed = ¥1,150M remaining face. Book value on BS ¥1,900M includes ¥800M Dec-2035 conv + ~¥1,150M 8th bond net of ~¥50M discount. | 決算短信 (Earnings Release Q2… |
| 2025-12-15 | Issuance | ¥2.00B | Timely Disclosure (8th Wa… |
- 2026-02-28 — ¥1,150,000,000Consolidated Cash Flow Statement — filing — ANAP Holdings Inc.Source
- 2025-12-15 — ¥2,000,000,000filing — Anap Holdings Inc.Source