Kyushu Electric Power Company Incorporated has decided to issue its 412th and 413th domestic straight bonds. These offerings are arranged for institutional investors.
| 1. |
Name of Bonds |
412th Bonds |
413th Bonds |
| 2. |
Issue amount |
20 billion yen |
20 billion yen |
| 3. |
Coupon |
1.099% |
1.766% |
| 4. |
Issue price |
100% |
100% |
| 5. |
Term to maturity |
10-year bullet bond |
20-year bullet bond |
| 6. |
Yield to investors |
1.099% |
1.766% |
| 7. |
Denomination |
1 million yen |
| 8. |
Offering period |
August 4, 2010 |
| 9. |
Issue date |
August 11, 2010 |
| 10. |
Maturity date |
August 25, 2020 |
August 9, 2030 |
| 11. |
Use of proceeds |
General capital expenditure and debt repayment |
| 12. |
Lead manager |
Nomura Securities Co., Ltd.
Nikko Cordial Securities Inc.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. |
Nomura Securities Co., Ltd.
Mizuho Securities Co., Ltd.
UBS Securities Japan Ltd. |
| 13. |
Rating |
R&I (Rating & Investment Information, Inc.) Rating: AA+
JCR (Japan Credit Rating Agency, Ltd.) Rating: AAA
Moody's Investors Service Inc. Rating: Aa2 |
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. |