Kyushu Electric Power Company Incorporated has decided to issue its 428th domestic straight bonds. This offering is arranged for institutional investors.
1.
|
Issue amount
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20 billion yen
|
2.
|
Coupon
|
0.936%
|
3.
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Issue price
|
100%
|
4.
|
Yield to investors
|
0.936%
|
5.
|
Denomination
|
1 million yen
|
6.
|
Offering period
|
July 10, 2014
|
7.
|
Issue date
|
July 16, 2014
|
8.
|
Maturity date
|
July 25, 2024 (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
|
Mizuho Securities Co.Ltd.
Nomura Securities Co., Ltd.
SMBC Nikko Securities Inc.
|
11.
|
Rating
|
R&I (Rating & Investment Information, Inc.) Rating: A
JCR (Japan Credit Rating Agency, Ltd.) Rating: AA
Moody's Japan K.K.: A3
|
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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