"Enlighten Our Future"
KYUDEN GROUP’s Mission is to contribute toward
the realization of a comfortable and environment-friendly lifestyle
today and for generations to come.
April 5, 2024
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
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.