July 14, 2023
Kyushu Electric Power Co., Inc.
Kyushu Electric Power Co., Inc.
Issuance of Kyushu Electric Power Company’s 517th (Green Bond), 518th and 519th Bonds
Kyushu Electric Power Company Incorporated has decided to issue its 517th (Green Bond [previously announced on June 30, 2023]), 518th and 519th domestic straight bonds. This offering is arranged for institutional investors.
| 517th corporate bond (Green Bond) |
518th corporate bond | 519th corporate bond | ||
|---|---|---|---|---|
| 1 | Issue amount | 10 billion yen | 5 billion yen | 10 billion yen |
| 2 | Denomination | 1 million yen | ||
| 3 | Coupon | 0.860% | 1.170% | 1.430% |
| 4 | Issue price | 100 yen per par value of 100 yen | ||
| 5 | Yield to investors | 0.860% | 1.170% | 1.430% |
| 6 | Offering period | July 14, 2023 | ||
| 7 | Payment date (Issue date) |
July 21, 2023 | ||
| 8 | Maturity date | July 25, 2033 (10-year bullet bond) |
July 23, 2038 (15-year bullet bond) |
July 24, 2043 (20-year bullet bond) |
| 9 | Use for proceeds | New investments and refinancing associated with the renewable energy projects (Hibikinada Offshore Wind Farm Project, Sugiyasu Hydro Power Station and Jikumaru Hydro Power Station) | General capital investment, debt repayment and loan fund for Kyushu Electric Power Transmission and Distribution Co., Inc | |
| 10 | Lead manager | Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.; SMBC Nikko Securities Inc.; Daiwa Securities Co. Ltd.; Nomura Securities Co., Ltd.; Mizuho Securities Co., Ltd. |
Nomura Securities Co., Ltd.; SMBC Nikko Securities Inc.; Daiwa Securities Co. Ltd.; Mizuho Securities Co., Ltd.; Mitsubishi UFJ Morgan Stanley 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 517th (Green Bond), 518th and 519th Bonds
