Press Release

Chubu Electric Power Issuing 516th and 517th Corporate Bonds (Domestic Corporate Straight Bonds)

November 29, 2016
Chubu Electric Power Co.,Inc.

Chubu Electric has decided to issue 10-year (516th issue, worth 10 billion yen) and 20-year (517th issue, worth 10 billion yen) domestic corporate straight bonds and has begun accepting applications today.

The following is an overview of issue conditions.

Details

1 516th Corporate Bonds

1. Amount issued

10 billion yen

2. Denominations

1 million yen

3. Coupon rate

0.260% annually

4. Cost (Issue value)

100 yen per par value of 100 yen

5. Subscriber yield

0.260% annually

6. Period (payback date)

10 years (December 25, 2026)

7. Payback schedule

Lump-sum payment at end of period

8. Interest disbursements

June 25 and December 25 of each year

9. Payment receipt date (Issue date)

December 6 , 2016

10. Subscriptions accepted from

November 29, 2016

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 Bank, Ltd. and Bank of Tokyo-Mitsubishi UFJ, Ltd.

15. Underwriters

An underwriting group of four companies, jointly managed by Nomura Securities Co., Ltd., Daiwa Securities Co., Ltd., Mizuho Securities Co.,Ltd. and Shinkin Securities Co.,Ltd.

16. Transfer organization

Japan Securities Depository Center, Inc.

2 517th Corporate Bonds