November 29, 2024
Kyushu Electric Power Co., Inc.
Kyushu Electric Power Co., Inc.
Issuance of Kyushu Electric Power Company's 530th Bonds
Kyushu Electric Power Company Incorporated has decided to issue its 530th domestic straight bonds. This offering is arranged for institutional investors.
530th Bonds | ||
---|---|---|
1 | Issue amount | 25 billion yen |
2 | Denomination | 1 million yen |
3 | Coupon | 1.517% |
4 | Issue price | 100 yen per par value of 100 yen |
5 | Yield to investors | 1.517% |
6 | Offering period | November 29, 2024 |
7 | Payment date (Issue date) |
December 5, 2024 |
8 | Maturity date | November 24, 2034 (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 | Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.; Mizuho Securities Co., Ltd.; SMBC Nikko Securities Inc. Daiwa 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 |
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.