Kyushu Electric Power Company Incorporated has decided to issue its 393rd domestic straight bonds. This offering is arranged for institutional investors.
1. |
Issue amount |
30 billion yen |
2. |
Coupon |
2.01% |
3. |
Issue price |
99.98% |
4. |
Yield to investors |
2.012% |
5. |
Denomination |
1 million yen |
6. |
Offering period |
June 20, 2007 |
7. |
Issue date |
June 27, 2007 |
8. |
Maturity date |
June 23, 2017 (10-year bullet bond) |
9. |
Use of proceeds |
General capital expenditure and debt repayment |
10. |
Lead manager |
Mizuho Securities Co., Ltd.
Daiwa Securities SMBC Co., Ltd.
Mitsubishi UFJ 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: 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. |