Press Release
Chubu Electric Power Issuing 498th Corporate Bonds (Domestic Corporate Straight Bonds)
September 13, 2012
Chubu Electric Power Co.,Inc.
Chubu Electric has decided to issue 5-year domestic corporate straight bonds (498th 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
0.566% annually
4. Cost (Issue value)
100 yen per par value of 100 yen
5. Subscriber yield
0.566% annually
6. Period (payback date)
5 years (September 25, 2017)
7. Payback schedule
Lump-sum payment at end of period
8. Interest disbursements
March 25 and September 25 of each year
9. Payment receipt date (Issue date)
September 21, 2012
10. Subscriptions accepted from
September 13, 2012
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
Jointly managed by three companies: Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., SMBC Nikko Securities Inc. and Mizuho Securities Co., Ltd.
16. Transfer organization
Japan Securities Depository Center, Inc.