Press Release

Chubu Electric Power Issuing 520th and 521st Corporate Bonds (Domestic Corporate Straight Bonds)

February 28, 2017
Chubu Electric Power Co.,Inc.

Chubu Electric has decided to issue 6-year (520th issue, worth 20 billion yen) and 20-year (521st 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 520th Corporate Bonds

1. Amount issued

20 billion yen

2. Denominations

1 million yen

3. Coupon rate

0.190% annually

4. Cost (Issue value)

100 yen per par value of 100 yen

5. Subscriber yield

0.190% annually

6. Period (payback date)

6 years (March 24, 2023)

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)

March 07, 2017

10. Subscriptions accepted from

February 28, 2017

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 Mizuho Securities Co.,Ltd., Daiwa Securities Co., Ltd., SMBC Nikko Securities Inc. and Tokai Tokyo Securities Co., Ltd.

16. Transfer organization

Japan Securities Depository Center, Inc.

2 521st Corporate Bonds