TOKYO, Sept 5 (Reuters) - Japanese steel giant JFE Holdings said on Tuesday its board will discuss a fundraising plan totalling 200 billion yen ($1.36 billion) later in the day, following a Nikkei report.

The Nikkei newspaper said earlier that JFE, Japan's second-largest steelmaker by output, will seek to raise 100-120 billion yen through a public share offering and another 90 billion yen by offering a five-year convertible bond to international investors in September.

JFE shares fell about 8% at the start of Tuesday's Tokyo market trading.

($1 = 146.5500 yen) (Reporting by Kantaro Komiya; Editing by Muralikumar Anantharaman)