Kyushu Electric Power Company Incorporated has decided to issue its 401st domestic straight bonds. This offering is arranged for institutional investors.
1. |
Issue amount |
20 billion yen |
2. |
Coupon |
1.631% |
3. |
Issue price |
100% |
4. |
Yield to investors |
1.631% |
5. |
Denomination |
1 million yen |
6. |
Offering period |
June 6, 2008 |
7. |
Issue date |
June 20, 2008 |
8. |
Maturity date |
June 25, 2014 (6-year bullet bond) |
9. |
Use of proceeds |
General capital expenditure and debt repayment |
10. |
Lead manager |
Nikko Citigroup Ltd.
Shinko Securities Co., Ltd.
Merrill Lynch Japan 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. |