"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.
May 28, 2024
Kyushu Electric Power Co., Inc.
Issuance of Kyushu Electric Power Company’s 526th and 527th Bonds (Transition Bonds)
As we previously announced on May 1,2024, today Kyushu Electric Power Company
Incorporated has decided to issue its 526th
and 527th
domestic straight bonds (Transition
Bonds※(注記)
). This offering is arranged for institutional investors.
※(注記)
Corporate bonds issued for the purpose of using the funds from them for initiative that are in line
with the company's long-term transition strategies to reduce greenhouse gas.
526th
corporate bond
(Transition Bond)
527th
corporate bond
(Transition Bond)
1 Issue amount 10 billion yen 20 billion yen
2 Denomination 1 million yen
3 Coupon 0.858% 1.425%
4 Issue price 100 yen per par value of 100 yen
5 Yield to investors 0.858% 1.425%
6 Offering period May 28, 2024
7 Payment date
(Issue date)
June 3, 2024
8 Maturity date May 25, 2029
(5-year bullet bond)
May 25, 2034
(10-year bullet bond)
9 Use for proceeds Refinancing of investments in safety measures for existing nuclear power
plants
10 Lead manager Mitsubishi UFJ Morgan Stanley
Securities Co., Ltd.;
Mizuho Securities Co., Ltd.;
SMBC Nikko Securities Inc.;
Daiwa Securities Co. Ltd.;
Nomura Securities Co., Ltd.
Mizuho Securities Co., Ltd.;
Mitsubishi UFJ Morgan Stanley
Securities Co., Ltd.;
SMBC Nikko Securities Inc.;
Daiwa Securities Co. Ltd.;
Nomura 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.