Kyushu Electric Power Company Incorporated has decided to issue its 391st domestic straight bonds. This offering is arranged for institutional investors.
1. Issue amount
|
30 billion yen
|
2. Coupon
|
1.82%
|
3. Issue price
|
99.94%
|
4. Yield to investors
|
1.827%
|
5. Denomination
|
1 million yen
|
6. Offering period
|
January 17, 2007
|
7. Issue date
|
January 29, 2007
|
8. Maturity date
|
January 25, 2017 (10-year bullet bond)
|
9. Use of proceeds
|
General capital expenditure and debt repayment
|
10. Lead manager
|
Nomura Securities Co., Ltd.
Mizuho Securities Co., Ltd.
Shinko 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: A1
|
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.
|