JBIC Issues Euro-Dollar Bond Thirteenth Issuance in International Capital Market
NR/2005-86
March 20, 2006
March 20, 2006
- Japan Bank for International Cooperation (JBIC; Governor: Kyosuke Shinozawa) will sign today in London an agreement for the issuance of a fixed rate Euro-Dollar Bond with Japanese government guarantee.
The terms of issuance were decided on March 9. The issue was sold to prime international investors mostly in Asia and Europe.
- The following are the main features of the issuance:
- Amount 650 million US Dollar
- Market Euro market
- Maturity 10 years (bullet repayment due on March 23, 2016)
- Coupon rate 5.250%
- Issue price 99.733 % (Re-offer yield: 5.285%)
- Guarantor Government of Japan
- Listing London Stock Exchange
- Payment date March 23, 2006
- Use of Funds International Financial Operations of JBIC
- Syndicate BNP Paribas, Citigroup Global Markets Limited (Lead Manager)
- Credit Suisse Securities (Europe) Limited, Daiwa Securities SMBC Europe Limited (Senior Co-Lead Managers)
- Deutsche Bank AG London Branch, Merrill Lynch International, Morgan Stanley & Co. International Limited, Nomura International plc (Co-Lead Managers)
