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11/06/2018 | Press release | Distributed by Public on 11/06/2018 00:09

Urban Renaissance Agency SB No.150 & 151: R&I Asgns AA

NEWS RELEASE

Nov 06, 2018

R&I Assigns AA: Urban Renaissance Agency SB No.150 & 151

Rating and Investment Information, Inc. (R&I) has announced the following:

ISSUER:

Urban Renaissance Agency

Sec. Str. Bonds No.150: AA, Assigned Sec. Str. Bonds No.151: AA, AssignedRATIONALE:

Details are provided in the press release dated February 1.

The primary rating methodology applied to this rating is provided at "R&I's Analytical Approach to

Government Agencies". The methodology is available at the web site listed below, together with other rating methodologies that are taken into consideration when assigning the rating.

https://www.r-i.co.jp/en/rating/about/rating_method.html

R&I RATINGS:

ISSUER:

Urban Renaissance Agency

RATING:

Sec. Str. Bonds No.150 AA, Assigned

ISSUE AMOUNT (mn):

JPY 15,000

ISSUE DATE:

Nov 22, 2018

MATURITY DATE:

Nov 19, 2038

SUPPORT:

Secured by general assets

ISSUER RATING:

AA

RATING OUTLOOK:

Stable

R&I RATINGS:

ISSUER:

Urban Renaissance Agency

RATING:

Sec. Str. Bonds No.151 AA, Assigned

ISSUE AMOUNT (mn):

JPY 25,000

ISSUE DATE:

Nov 22, 2018

MATURITY DATE:

Mar 19, 2058

SUPPORT:

Secured by general assets

ISSUER RATING:

AA

RATING OUTLOOK:

Stable

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Rating and Investment Information, Inc.

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Credit ratings are R&I's opinions on an issuer's general capacity to fulfill its financial obligations and the certainty of the fulfillment of its individual obligations as promised (creditworthiness) and are not statements of fact. Further, R&I does not state its opinions about any risks other than credit risk, give advice regarding investment decisions or financial matters, or endorse the merits of any investment. R&I does not undertake any independent verification of the accuracy or other aspects of the related information when issuing a credit rating and makes no related representations or warranties. R&I is not liable in any way for any damage arising in relation to credit ratings (including amendment or withdrawal thereof). As a general rule, R&I issues a credit rating for a fee paid by the issuer. For details, please refer tohttps://www.r-i.co.jp/en/docs/policy/site.html. © Rating and Investment Information, Inc.