Kyushu Electric Power Company Incorporated has decided to issue its 428th domestic straight bonds. This offering is arranged for institutional investors.
1. |
Issue amount |
20 billion yen |
2. |
Coupon |
0.936% |
3. |
Issue price |
100% |
4. |
Yield to investors |
0.936% |
5. |
Denomination |
1 million yen |
6. |
Offering period |
July 10, 2014 |
7. |
Issue date |
July 16, 2014 |
8. |
Maturity date |
July 25, 2024 (10-year bullet bond) |
9. |
Use of proceeds |
General capital expenditure and debt repayment |
10. |
Lead manager |
Mizuho Securities Co.Ltd.
Nomura Securities Co., Ltd.
SMBC Nikko Securities Inc. |
11. |
Rating |
R&I (Rating & Investment Information, Inc.) Rating: A
JCR (Japan Credit Rating Agency, Ltd.) Rating: AA
Moody's Japan K.K.: A3 |
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. |