Kyushu Electric Power Company Incorporated has decided to issue its 412th and 413th domestic straight bonds. These offerings are arranged for institutional investors.
1.
|
Name of Bonds
|
412th Bonds
|
413th Bonds
|
2.
|
Issue amount
|
20 billion yen
|
20 billion yen
|
3.
|
Coupon
|
1.099%
|
1.766%
|
4.
|
Issue price
|
100%
|
100%
|
5.
|
Term to maturity
|
10-year bullet bond
|
20-year bullet bond
|
6.
|
Yield to investors
|
1.099%
|
1.766%
|
7.
|
Denomination
|
1 million yen
|
8.
|
Offering period
|
August 4, 2010
|
9.
|
Issue date
|
August 11, 2010
|
10.
|
Maturity date
|
August 25, 2020
|
August 9, 2030
|
11.
|
Use of proceeds
|
General capital expenditure and debt repayment
|
12.
|
Lead manager
|
Nomura Securities Co., Ltd.
Nikko Cordial Securities Inc.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
|
Nomura Securities Co., Ltd.
Mizuho Securities Co., Ltd.
UBS Securities Japan Ltd.
|
13.
|
Rating
|
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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