Sixth Issuance of Global Dollar Bond for the JBIC Operations

NR/2010-56
January 14, 2011
  1. Japan Bank for International Cooperation (JBIC; President & CEO: Hiroshi Watanabe)*1 launched a fixed rate Global Dollar Bond with a Japanese government guarantee on January 13 (New York City time). The issue has successfully attracted the demands of wide range of international investors, mostly in Asia, America, Europe and Middle East.
     
  2. The following are the main features of the issuance:
     
  3. Issuer Japan Finance Corporation
    Amount 1.5 billion US dollars
    Market Global
    Maturity 5 years (bullet repayment due on January 21, 2016)
    Coupon rate 2.500%(S.A.)
    Issue price 99.939% (Re-offer yield: 2.513% (S.A.))
    Guarantor Government of Japan
    Listing  London Stock Exchange
    Payment date January 21, 2011
    Use of Funds The JBIC Operations
    Joint Lead Managers

    Deutsche Bank Securities Inc.

    Barclays Bank PLC

    Goldman Sachs International

    Rating 

    Aa2  (Moody's Japan K.K.)

    AA   (Standard & Poor's Ratings Japan K.K.)

 

Note
  1. *1 JBIC is the international wing of the Japan Finance Corporation (JFC; Governor: Shosaku Yasui).
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