Kyushu Electric Power Company Incorporated has decided to issue its 416th domestic straight bonds. This offering is arranged for institutional investors.
1.
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Issue amount
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20 billion yen
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2.
|
Coupon
|
0.661%
|
3.
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Issue price
|
100%
|
4.
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Yield to investors
|
0.661%
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5.
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Denomination
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1 million yen
|
6.
|
Offering period
|
December 2, 2010
|
7.
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Issue date
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December 21, 2010
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8.
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Maturity date
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December 22, 2016 (6-year bullet bond)
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9.
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Use of proceeds
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General capital expenditure and debt repayment
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10.
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Lead manager
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Nomura Securities Co., Ltd.
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|
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Daiwa Securities Capital Markets 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
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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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