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Press Release 2009

Chubu Electric Power Issuing 492nd Corporate Bonds (Domestic Corporate Straight Bonds)

October 9, 2009

Chubu Electric Power Co., Inc.

Chubu Electric has decided to issue 10-year domestic corporate straight bonds (492nd issue, worth 20 billion yen) and has begun accepting applications today.
The following is an overview of issue conditions.

Details

1.

Amount issued

20 billion yen

2.

Denominations

1 million yen (One denomination only)

3.

Coupon rate

1.405% annually

4.

Cost (Issue value)

100 yen per par value of 100 yen

5.

Subscriber yield

1.405% annually

6.

Period (payback date)

10 years (October 25, 2019)

7.

Payback schedule

Lump-sum payment at end of period

8.

Interest disbursements

April 25th and October 25th of each year

9.

Payment receipt date (Issue date)

October 22, 2009

10.

Subscriptions accepted from

October 9, 2009

11.

Subscription procedure

Public offering

12.
 

Purpose of funds
 

Equipment funding, payback of loans, payback of corporate bonds

13.

Security

Ordinary security under Electric Utility Law

14.

 

Bond administrators

 

Sumitomo Mitsui Banking Corporation (Lead), Mizuho Corporate Bank, Ltd., and Bank of Tokyo-Mitsubishi UFJ, Ltd.

15.


Underwriters


An underwriting group of seven companies, jointly managed by Nikko Cordial Securities Inc., Nomura Securities Co. Ltd., and Mizuho Securities Co., Ltd.

16.

Transfer organization

Japan Securities Depository Center, Inc.