By William Gullotti
Buffalo, N.Y., April 14 – Jera Co., Inc. issued $300 million of 3.665% bonds due April 14, 2027 (A), according to a listing notice on Thursday.
“The issuance is likely to expand the company's overseas investor base, thereby diversifying its funding sources,” S&P Global Ratings said in a press release.
Listing for the bonds is expected on the Singapore Exchange effective April 18.
Jera is Japan’s largest power generation company.
| Issuer: | Jera Co., Inc.
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| Amount: | $300 million
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| Issue: | Bonds
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| Maturity: | April 14, 2027
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| Coupon: | 3.665%
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| Issue date: | April 14
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| Listing date: | April 18
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| Rating: | S&P: A
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| ISIN: | XS2456872063
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