erex prices ¥8.4bn in bonds across three maturities, its first draw on a ¥50bn shelf
erex has sold ¥8.4bn of unsecured bonds in 1.5-, 3- and 5-year tranches priced at 2.740%, 3.506% and 4.516%, the first drawdown under a ¥50bn shelf registration filed in July, with most of the proceeds set to repay bonds maturing next spring and fund growth spending that includes renewable energy.