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Kansai Electric Power Company Incorporated has decided to issue its 13th Swiss Franc denominated straight bonds, and its subscription has started on February 26th in Switzerland.
The terms of the Bonds
| 1. Type of Bonds |
|
Swiss Franc-denominated straight corporate bonds |
| 2. Total amount of the Bonds |
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250 million Swiss Francs
(equivalent to about 24billion in Yen) |
| 3. Interest rate |
|
2.75% of par value per annum |
| 4. Issue price |
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100.628% of par value |
| 5. Maturity date |
|
March 26,2012( 5-years ) |
| 6. Date of issue |
|
March 26, 2007 |
| 7. Mortgage |
|
General mortgage |
| 8. Managers |
|
Credit Suisse and others |
| 9. Listing |
|
SWX Swiss Exchange |
Please be notified the above mentioned will be the first foreign-currency-denominated straight corporate bonds in about 9 years and 10 months since the issuance of the first Dutch-Guilder-denominated straight corporate bonds on May 30, 1997.
And it will be the first Swiss Franc-denominated straight corporate bonds in about 18 years and 6 months since the issuance of the 11th and 12th Swiss Franc-denominated straight corporate bonds on September 29, 1996.
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