Kyushu Electric Power Company Incorporated has decided to issue its 392nd domestic straight bonds. This offering is arranged for institutional investors.
1.
|
Issue amount
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20 billion yen
|
2.
|
Coupon
|
1.81%
|
3.
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Issue price
|
99.99%
|
4.
|
Yield to investors
|
1.811%
|
5.
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Denomination
|
1 million yen
|
6.
|
Offering period
|
April 6, 2007
|
7.
|
Issue date
|
April 20, 2007
|
8.
|
Maturity date
|
April 25, 2017 (10-year bullet bond)
|
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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Daiwa Securities SMBC Co., Ltd.
Nomura Securities Co., Ltd.
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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: 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.
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