April 5, 2024
Kyushu Electric Power Co., Inc.
Kyushu Electric Power Co., Inc.
Issuance of Kyushu Electric Power Company’s 524th and 525th Bonds
Kyushu Electric Power Company Incorporated has decided to issue its 524th and 525th domestic straight bonds. This offering is arranged for institutional investors.
| 524th corporate bond | 525th corporate bond | ||
|---|---|---|---|
| 1 | Issue amount | 20 billion yen | 10 billion yen |
| 2 | Denomination | 1 million yen | |
| 3 | Coupon | 1.161% | 1.376% |
| 4 | Issue price | 100 yen per par value of 100 yen | |
| 5 | Yield to investors | 1.161% | 1.376% |
| 6 | Offering period | April 5, 2024 | |
| 7 | Payment date (Issue date) |
April 11, 2024 | |
| 8 | Maturity date | April 25, 2034 (10-year bullet bond) |
April 25, 2036 (12-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 | Daiwa Securities Co. Ltd.; SMBC Nikko Securities Inc.; Mizuho Securities Co., Ltd.; Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.; Tokai Tokyo Securities Co., Ltd. |
Daiwa 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 524th and 525th Bonds
