Kyushu Electric Power Company Incorporated has decided to issue its 390 th domestic straight bonds. This offering is arranged for retail investors.
1.Issue amount
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10 billion yen
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2.Coupon
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1.10%
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3.Issue price
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100 %
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4.Yield to investors
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1.10%
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5.Denomination
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100 thousand yen
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6.Offering period
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From December 1, 2006 to December 22, 2006
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7.Issue date
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December 25, 2006
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8.Maturity date
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December 15, 2009 (3-year bullet bond)
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9.Use of proceeds
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General capital expenditure and debt repayment
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10. Lead manager
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Nikko Citigroup Limited
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11.Rating
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R&I (Rating & Investment Information, Inc.) Rating: AA+
JCR (Japan Credit Rating Agency, Ltd.) Rating: AAA
Moody's Investors Service Inc. Rating: A1
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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.
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