Issue of Debt (7687G)
18 May 2011 - 4:00PM
UK Regulatory
TIDM75JR
RNS Number : 7687G
Japan Finance Corporation
18 May 2011
Japan Finance Corporation
May 18, 2011
Japan Finance Corporation Issues Dollar Bond
- Seventh Issuance in International Capital Markets-
1. Japan Finance Corporation (JFC; Governor & CEO Shosaku
Yasui), acting through its international arm named Japan Bank for
International Cooperation (JBIC; President & CEO Hiroshi
Watanabe), issued a fixed rate Global Dollar Bond (the "Bond") with
Japanese government guarantee on May 18, 2011. The terms of
issuance were decided on May 11, 2011. The issue was sold to prime
international investors mostly in Asia, the Americas, Europe and
Middle East.
2. The main terms of the Bond:
Amount: 2,000,000,000 U.S. Dollars
Market: Global Market
Maturity: 5 years (due on May 18, 2016)
Payment date: May 18 and November 18 of each year, commencing
November 18, 2011
Coupon rate: 2.50% (Semi-Annual, 30/360)
Issue price: 99.799%
Guarantor: Government of Japan
Listing: London Stock Exchange
Syndicate Joint Lead Managers:
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Barclays Bank PLC
Citigroup Global Markets Inc.
The Hongkong and Shanghai Banking Corporation Limited
Credit ratings of the Bond are as follows:
Moody's Japan K.K. Aa2
Standard & Poor's Ratings Japan K.K. AA-
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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