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Press Releases & News

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March 2,2007
The Kansai Electric Power Co., Inc.

Issuance of the Kansai Electric Power Company's 13th Swiss Franc-denominated straight corporate bonds

Kansai Electric Power Company Incorporated has decided to issue its 13th Swiss Franc denominated straight bonds, and its subscription has started on February 26th in Switzerland.

The terms of the Bonds

1. Type of Bonds   Swiss Franc-denominated straight corporate bonds
2. Total amount of the Bonds   250 million Swiss Francs
(equivalent to about 24billion in Yen)
3. Interest rate   2.75% of par value per annum
4. Issue price   100.628% of par value
5. Maturity date   March 26,2012( 5-years )
6. Date of issue   March 26, 2007
7. Mortgage   General mortgage
8. Managers   Credit Suisse and others
9. Listing   SWX Swiss Exchange

Please be notified the above mentioned will be the first foreign-currency-denominated straight corporate bonds in about 9 years and 10 months since the issuance of the first Dutch-Guilder-denominated straight corporate bonds on May 30, 1997.
And it will be the first Swiss Franc-denominated straight corporate bonds in about 18 years and 6 months since the issuance of the 11th and 12th Swiss Franc-denominated straight corporate bonds on September 29, 1996.