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|
|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
|8.||Listings||Luxembourg Stock Exchange|
|9.||Joint lead managers||BNP Paribas