
Universal Entertainment Corporation, founded in 1969 and headquartered in Tokyo, Japan, is a prominent company focused on the entertainment industry, particularly in the gaming and amusement sectors. The company develops and manufactures gaming machines, including slot machines and pachinko machines, and operates integrated resorts that enhance the gaming experience.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
UETMF 9.88% 2029-08-01 USDUniversal Entertainment Corporation | Japan | 2029-08-01 | 9.875 | 10.36 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Universal Entertainment began issuing bonds in the early 1990s to support its expansion initiatives and capital expenditures. Notably, in 2020, the company issued ¥10 billion in bonds, which garnered significant attention due to its competitive yields compared to peers in the gaming industry. As of October 2023, the current yield on its bonds is approximately 3.5%, which positions it attractively within the market. The bonds often feature innovative structures designed to appeal to retail investors, and recent news highlights the company’s ongoing commitment to strengthening its financial position while navigating a challenging market environment.