Fourth Issuance of Global Dollar Bond for the JBIC Operations

NR/2010-7
April 28, 2010
  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 April 27 (New York City time). The issue has successfully attracted the demands of wide range of international investors, mostly in Asia, North America, Europe, Middle East and Africa.
     
  2. The following are the main features of the issuance:
     
    Issuer

    Japan Finance Corporation

    Amount 2.25 billion US dollars
    Market Global
    Maturity 2 years and 2 months (bullet repayment due on July 6, 2012)
    Coupon rate 1.500%(S.A.)
    Issue price 99.978% (Re-offer yield: 1.510% (S.A.))
    Guarantor Government of Japan
    Listing London Stock Exchange
    Payment date May 6, 2010
    Use of Funds The JBIC Operations
    Joint Lead Managers

    Barclays Bank PLC

    BNP PARIBAS

    Citigroup Global Markets Inc.

    Rating

    Aa2  (Moody's Investors Service, Inc.)

    AA   (Standard & Poor's Rating Services)

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