Kyushu Electric Power Company Incorporated has decided to issue its 453rd domestic straight bonds. This offering is arranged for institutional investors.
|
453rd Bonds |
1 Issue amount |
20 billion yen |
2 Denomination |
1 million yen |
3 Coupon |
0.380% |
4 Issue price |
100 yen per par value of 100yen |
5 Yield to investors |
0.380% |
6 Offering period |
August 25, 2017 |
7 Issue date |
August 31, 2017 |
8 Maturity date |
August 25, 2027
(10-year bullet bond) |
9 Use of proceeds |
General capital expenditure and debt repayment |
10 Lead manager |
Mizuho Securities Co., Ltd.
SMBC Nikko Securities Inc.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Daiwa Securities Co., Ltd. |
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. |