Commentary & Deal Flow

IPTs: 5yr: T+85bp area - Books over US$1.9bn (incl. US$20m JLM)

• Issuer: Mitsui & Co., Ltd. (Ticker: "MITSCO")
• Expected Ratings: A3/A (Moody's/S&P)
• Security Description: Senior Unsecured Notes
• Format: Reg S only
• Tenor: 5 Year Fixed
• Issue Size: US$ benchmark size
• Initial Price Guidance: CT5+85bp area
• Maturity: 27-Aug-31
• Settlement: 27-Aug-26 (T+7)
• Optional Redemption: MWC / 1-month Par Call
• Bookrunners: Citi (B&D), JPM, BofA, Morgan Stanley, Nomura
• Docs: Issuer’s Euro Medium Term Note Programme
• Listing: SGX
• Governing Law: English Law
• Denominations: US$200k x US$1k
• Use of Proceeds: General Corporate Purposes
• DealRoadshow: https://dealroadshow.finsight.com | Entry code: Mitsui2026
• Timing: Today's business