[Sumitomo Mitsui Financial Group, Inc.]Notice regarding Redemption of Non-Cumulative Preferred Securities(1/1)
Sumitomo Mitsui
Financial Group, Inc.
Notice regarding Redemption
of Non-Cumulative Preferred Securities
TOKYO, April
28, 2009 --- Sumitomo Mitsui
Financial Group, Inc. (SMFG) hereby announces that SMFG and Sumitomo Mitsui
Banking Corporation (SMBC) have resolved at their respective board of directors
to authorize the redemption in full of all series of the preferred securities
issued by SB Equity Securities (Cayman), Limited, which is a subsidiary of both SMFG
and SMBC, as stated below.
1. Summary of Non-cumulative
Preferred Securities to be Redeemed
Issuer
|
SB Equity
Securities (Cayman), Limited
|
Type of Securities Issued
|
Non-cumulative
preferred securities (the “Preferred Securities”)
|
Maturity
|
Perpetual
|
Optional Redemption
|
The Preferred
Securities may be redeemed at the option of the Issuer on any dividend payment
date on and after the dividend payment date in June 2009.
|
Dividends
|
Series A-1 : Floating rate
Series A-2 : Floating rate
Series B : Fixed rate (Floating rate after June
2009)
|
Total Issue
Amount
|
Series A-1 : ¥315,000,000,000
Series A-2 : ¥5,000,000,000
Series B : ¥20,000,000,000
|
Issue Date
|
Series A-1 :
Series A-2 :
Series B :
|
Redemption Amount
|
Series A-1 : ¥315,000,000,000
Series A-2 : ¥5,000,000,000
Series B : ¥20,000,000,000
|
2. Scheduled Redemption Date
Copyright © 2009 Sumitomo Mitsui Banking Corporation. All Rights Reserved.