Monday, May 21, 2007

Tokyo Electric to Sell 50 Billion Yen of 12-Year Bonds After Rates Fell

(Bloomberg) -- Tokyo Electric Power Co., Asia's
largest power producer, plans to market 50 billion yen ($412
million) of bonds starting tomorrow, after raising 100 billion
yen last week, a finance department manager said.

The company, known as Tepco, plans to sell bonds maturing
in 12 years this week, the manager said, asking not to be
identified because the information isn't public. The last time
Tepco sold bonds of that maturity was in August 2000.


Read more at Bloomberg Bonds News

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