GBP 350 million 4.750 per cent bonds due 2031
East Japan Railway Company
November 24, 2006
- East Japan Railway Company (JR East) launched its GBP 350 million 4.750 per cent bonds due 2031 on November 22nd (London time).
- It is the sixth time for JR East to issue foreign bonds. The last issuance was GBP 250 million (¥52.55 billion) of 28-year bonds in June this year.
- Net proceeds of the issue of the bonds will be used for the repayment of long-term debt.
| 1. | Name of the bonds | GBP 350 million 4.750 per cent bonds due 2031 | |
| 2. | Subscription | Public offering | |
| 3. | Issue size | 350 million pounds (¥78.2985 billion) | |
| 4. | Issue price | 99.806 per cent | |
| 5. | Coupon | 4.750 per cent per annum | |
| 6. | Maturity date | December 8, 2031 | |
| 7. | Issue schedule | Launch Date November 22, 2006 Closing Date December 8, 2006 |
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| 8. | Listings | Luxembourg Stock Exchange | |
| 9. | Joint lead managers | BNP Paribas Nomura International |
