SAIBU GAS HOLDINGS CO., LTD. set the terms for its 10-year bonds, with an issue amount of ¥1 billion, a coupon rate of 3.486% and a launch spread of 58bp over Japanese government bonds. Further announcements on issuance preparations and ratings are expected.
On the 22nd, terms were set for SAIBU GAS HOLDINGS CO., LTD.'s 10-year bonds, with an issue amount of ¥1 billion, a coupon rate of 3.486%, a launch spread of 58bp over Japanese government bonds and reference JGB issue number 384.
The company is also reported to be preparing to issue 10-year bonds, with an issue amount of approximately ¥1 billion. Terms are scheduled to be set in late October, using the POT format.
In addition, R&I assigned an A+ preliminary shelf-registration rating and JCR assigned an AA- rating. The planned issue amount is ¥5 billion, and the planned issuance period is from 1 September 2026 to 31 August 2028.