Issue of Debt (8673Z)
January 21 2011 - 4:00AM
UK Regulatory
TIDM75JR
RNS Number : 8673Z
Japan Finance Corporation
21 January 2011
Japan Finance Corporation
January 21, 2011
Japan Finance Corporation Issues Dollar Bond
- Sixth 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 January 21, 2011. The terms of
issuance were decided on January 13, 2011. The issue was sold to
prime international investors mostly in Asia the United States and
Europe.
2. The main terms of the Bond:
Amount: 1,500,000,000 U.S. Dollars
Market: Global Market
Maturity: 5 years (due on January 21, 2016)
Payment date: January 21 and July 21 of each year, commencing
July 21, 2011
Coupon rate: 2.50% (Semi-Annual, 30/360)
Issue price: 99.939%
Guarantor: Government of Japan
Listing: London Stock Exchange
Syndicate Joint Lead Managers:
Deutsche Bank Securities Inc.
Barclays Bank PLC
Goldman Sachs International
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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