Kyushu Electric Power Company Incorporated has decided to issue its 391st domestic straight bonds. This offering is arranged for institutional investors.
| 1. Issue amount |
30 billion yen |
| 2. Coupon |
1.82% |
| 3. Issue price |
99.94% |
| 4. Yield to investors |
1.827% |
| 5. Denomination |
1 million yen |
| 6. Offering period |
January 17, 2007 |
| 7. Issue date |
January 29, 2007 |
| 8. Maturity date |
January 25, 2017 (10-year bullet bond) |
| 9. Use of proceeds |
General capital expenditure and debt repayment |
| 10. Lead manager |
Nomura Securities Co., Ltd.
Mizuho Securities Co., Ltd.
Shinko Securities Co., Ltd. |
| 11. Rating |
R&I (Rating & Investment Information, Inc.) Rating: AA+
JCR (Japan Credit Rating Agency, Ltd.) Rating: AAA
Moody's Investors Service Inc. Rating: A1 |
This announcement is for information purposes only and should not be regarded as an offer to sell or as a solicitation of an offer to buy any financial product. |