May 26, 2023
Kyushu Electric Power Co., Inc.
Kyushu Electric Power Co., Inc.
Issuance of Kyushu Electric Power Company’s 515th and 516th Bonds
Kyushu Electric Power Company Incorporated has decided to issue its 515th and 516th domestic straight bonds. This offering is arranged for institutional investors.
| 515th corporate bond | 516th corporate bond | ||
|---|---|---|---|
| 1 | Issue amount | 10 billion yen | 20 billion yen |
| 2 | Denomination | 1 million yen | |
| 3 | Coupon | 0.620% | 0.920% |
| 4 | Issue price | 100 yen per par value of 100 yen | |
| 5 | Yield to investors | 0.620% | 0.920% |
| 6 | Offering period | May 26, 2023 | |
| 7 | Payment date (Issue date) |
June 1, 2023 | |
| 8 | Maturity date | May 24, 2030 (7-year bullet bond) |
May 25, 2033 (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.; Tokai Tokyo Securities Co., Ltd.; |
Mizuho Securities Co., Ltd.; Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. SMBC Nikko Securities Inc.; Daiwa Securities Co. Ltd.; Nomura 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 515th and 516th Bonds
