May 23, 2025
Kyushu Electric Power Co., Inc.
Kyushu Electric Power Co., Inc.
Issuance of Kyushu Electric Power Company’s 532nd and 533rd Bonds
Kyushu Electric Power Company Incorporated has decided to issue its 532nd and 533rd domestic straight bonds. This offering is arranged for institutional investors.
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532nd unsecured corporate bonds (with pari passu clause among specified corporate bonds) |
533rd unsecured corporate bonds (with pari passu clause among specified corporate bonds) |
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|---|---|---|---|
| 1 | Issue amount | 10 billion yen | 10 billion yen |
| 2 | Denomination | 1 million yen | |
| 3 | Coupon | 1.540% | 2.150% |
| 4 | Issue price | 100 yen per par value of 100 yen | |
| 5 | Yield to investors | 1.540% | 2.150% |
| 6 | Offering period | May 23, 2025 | |
| 7 |
Payment date (Issue date) |
May 29, 2025 | |
| 8 | Maturity date |
May 23, 2031 (6-year bullet bond) |
May 25, 2035 (10-year bullet bond) |
| 9 | Use for proceeds | General capital investment, debt repayment and loan fund for Kyushu Electric Power Transmission and Distribution Co., Inc | |
| 10 | Lead manager |
Mizuho Securities Co., Ltd.; Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.; Daiwa Securities Co. Ltd.; Shinkin Securities Co.,Ltd. Tokai Tokyo Securities Co., Ltd. |
Mizuho Securities Co., Ltd.; SMBC Nikko Securities Inc.; Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.; Nomura Securities Co., Ltd. Okasan Securities Co., Ltd.; |
| 11 | Rating |
Rating & Investment Information, Inc. (R&I): A+ Japan Credit Rating Agency, Ltd. (JCR): AA- Moody’s Japan K.K.: A3 |
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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.
Issuance of Kyushu Electric Power Company’s 532nd and 533rd Bonds
