Kyushu Electric Power Company Incorporated has decided to issue its 432nd domestic straight bonds. This offering is arranged for institutional investors.
1.
|
Issue amount
|
10 billion yen
|
2.
|
Coupon
|
0.416%
|
3.
|
Issue price
|
100%
|
4.
|
Yield to investors
|
0.416%
|
5.
|
Denomination
|
1 million yen
|
6.
|
Offering period
|
October 16, 2015
|
7.
|
Issue date
|
October 23, 2015
|
8.
|
Maturity date
|
October 23, 2020 (5-year bullet bond)
|
9.
|
Use of proceeds
|
General capital expenditure and debt repayment
|
10.
|
Lead manager
|
Nomura Securities Co., Ltd.
Mizuho Securities Co., Ltd.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
|
11.
|
Rating
|
R&I (Rating & Investment Information, Inc.) Rating: A
JCR (Japan Credit Rating Agency, Ltd.) Rating: AA
Moody's Japan K.K.: A3
|
|