September 14, 2023
Kyushu Electric Power Co., Inc.
Kyushu Electric Power Co., Inc.
Issuance of Kyushu Electric Power Company's 521st Bonds
Kyushu Electric Power Company Incorporated has decided to issue its 521st domestic straight bonds. This offering is arranged for institutional investors.
1 Issue amount
10 billion yen
2 Denomination
1 million yen
3 Coupon
1.650%
4 Issue price
100 yen per par value of 100 yen
5 Yield to investors
1.650%
6 Offering period
September 14, 2023
7 Payment date
(Issue date) September 21, 2023
(Issue date) September 21, 2023
8 Maturity date
September 25, 2041 (18-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
Nomura Securities Co., Ltd.;
SMBC Nikko Securities Inc.
SMBC Nikko Securities Inc.
11 Rating
Rating & Investment Information, Inc. (R&I) : A
Japan Credit Rating Agency, Ltd. (JCR): AA-
Moody's Japan K.K.: A3
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.