Japanese wireless player KDDI has issued Y30bn (US$290.8m) worth of unsecured 0.803% notes to redeem some existing bond facilities.
The 10-year bonds were priced at par and received an A+ rating from Japanese firm Rating and Investment…
Japanese wireless player KDDI has issued Y30bn (US$290.8m) worth of unsecured 0.803% notes to redeem some existing bond facilities.
The 10-year bonds were priced at par and received an A+ rating from Japanese firm Rating and Investment Information.
Leads managers were Daiwa, Mizuho and Mitsubishi UFJ Morgan Stanley. Mizuho was also fiscal agent.
Earlier this year, KDDI, which is Japan’s smallest mobile player, completed the acquisition of local cableco Jupiter Telecoms for US$1.5bn.
