August 30, 2024
Kyushu Electric Power Co., Inc.
Kyushu Electric Power Co., Inc.
Issuance of Kyushu Electric Power Company’s 528th and 529th Bonds
Kyushu Electric Power Company Incorporated has decided to issue its 528th and 529th domestic straight bonds. This offering is arranged for institutional investors.
| 528th corporate bond | 529th corporate bond | ||
|---|---|---|---|
| 1 | Issue amount | 8 billion yen | 10 billion yen |
| 2 | Denomination | 1 million yen | |
| 3 | Coupon | 1.074% | 1.412% |
| 4 | Issue price | 100 yen per par value of 100 yen | |
| 5 | Yield to investors | 1.074% | 1.412% |
| 6 | Offering period | August 30, 2024 | |
| 7 | Payment date (Issue date) |
September 5, 2024 | |
| 8 | Maturity date | August 25, 2031 (7-year bullet bond) |
August 25, 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 | Mizuho Securities Co., Ltd.; SMBC Nikko Securities Inc.; Daiwa Securities Co. Ltd.; Shinkin Securities Co.,Ltd.; Tokai Tokyo Securities Co.,Ltd. |
Mizuho Securities Co., Ltd.; SMBC Nikko Securities Inc.; Daiwa Securities Co. Ltd.; Okasan Securities Co., Ltd.; Shinkin 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.