Kyushu Electric Power Company Incorporated has decided to issue its 395th and 396th domestic straight bonds. These offerings are arranged for institutional investors.
1. Name of Bonds |
395th Bonds |
396th Bonds |
2. Issue amount |
10 billion yen |
20 billion yen |
3. Coupon |
1.45% |
1.79% |
4. Issue price |
99.98% |
99.94% |
5. Term to maturity |
7-year bullet bond |
10-year bullet bond |
6. Yield to investors |
1.453% |
1.797% |
7. Denomination |
1 million yen |
8. Offering period |
November 7, 2007 |
9. Issue date |
November 26, 2007 |
10. Maturity date |
November 25, 2014 |
November 24, 2017 |
11. Use of proceeds |
General capital expenditure and debt repayment |
12. Lead manager |
Mitsubishi UFJ Securities Co., Ltd Mitsubishi UFJ Securities Co., Ltd
Daiwa Securities SMBC Co., Ltd Nomura Securities Co., 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. |