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Tokyo Gas Co., the nation’s biggest natural gas distributor, will sell the most bonds in a decade to help fund a ¥2.06 trillion spending plan and take advantage of coupons at an eight-year low.

Offerings this year will exceed ¥60 billion, or 50 percent more than it sold in 2011, Masaru Nishimura, the utility’s general manager of finance, said in an interview in Tokyo on Jan. 6. The amount will be the company’s largest debt issuance since 1999, according to data compiled by Bloomberg.

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