Kyushu Electric Power Company Incorporated has decided to issue its 406th domestic straight bonds. This offering is arranged for retail investors.
1. |
Issue amount |
10 billion yen |
2. |
Coupon |
1.04% |
3. |
Issue price |
100.00% |
4. |
Yield to investors |
1.04% |
5. |
Denomination |
100 thousand yen |
6. |
Offering period |
From November 27, 2008 to December 12, 2008 |
7. |
Issue date |
December 15, 2008 |
8. |
Maturity date |
December 15, 2011 (3-year bullet bond) |
9. |
Use of proceeds |
General capital expenditure and debt repayment |
10. |
Lead manager |
Nikko Citigroup 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. |