Kyushu Electric Power Company Incorporated has decided to issue its 450th and 451st domestic straight bonds. This offering is arranged for institutional investors.
|
450th Bonds
|
451st Bonds
|
1 Issue amount
|
10 billion yen
|
20 billion yen
|
2 Coupon
|
0.170%
|
0.450%
|
3 Denomination
|
1 million yen
|
4 Issue price
|
100 yen per par value of 100yen
|
5 Yield to investors
|
0.170%
|
0.450%
|
6 Offering period
|
May 25, 2017
|
7 Issue date
|
May 31, 2017
|
8 Maturity date
|
May 25, 2022
(5-year bullet bond)
|
May 25, 2027
(10-year bullet bond)
|
9 Use of proceeds
|
General capital expenditure and debt repayment
|
10 Lead manager
|
SMBC Nikko Securities Inc.
Daiwa Securities Co., Ltd.
Nomura Securities Co., Ltd.
Mizuho Securities Co., Ltd.
|
Daiwa Securities Co., Ltd.
SMBC Nikko Securities Inc.
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
|
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.
|