Chubu Electric Power Co.,Inc. | Chubu Electric Power Issuing 528th and 529th Corporate Bonds(Domestic Corporate Straight Bonds) - Press Releases(2018)
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Press Release 2018

Chubu Electric Power Issuing 528th and 529th Corporate Bonds(Domestic Corporate Straight Bonds)

November 22, 2018

Chubu Electric Power Co.,Inc.

Chubu Electric Power has decided to issue 5-year  (528th issue, worth 10 billion yen) and 10-year (529th issue, 10 billion yen) domestic corporate straight bonds, the offering period of which has begun today.

The following is an overview of issue conditions.

Details

1   528th Corporate Bonds

(1)

Amount issued

10 billion yen

(2)

Denominations

1 million yen

(3)

Coupon rate

0.130% per annum

(4)

Cost (Issue value)

100 yen per par value of 100 yen

(5)

Subscriber yield

0.130% per annum

(6)

Period (payback date)

5 years (November 24, 2023)

(7)

Payback schedule

Lump-sum payment at end of period

(8)

Interest disbursements

May 25 and November 25 of each year

(9)

Payment receipt date (Issue date)

November 30, 2018

(10)

Subscription accepted from

November 22, 2018

(11)

Subscription procedure

Public offering

(12)

Purpose for funds

Equipment funding, payback of loans, payback of corporate bonds

(13)

Security

Ordinary security under Electric Utility Industry Law 

(14)

Bond Administrators

Sumitomo Mitsui Banking Corporation (Lead)
Mizuho Bank, Ltd.,

MUFG Bank, Ltd.

(15)

Underwriters

Jointly managed by an underwriting group of four lead companies:
Mizuho Securities Co., Ltd.,
Nomura Securities Co., Ltd.,
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.,
Tokai Tokyo Securities Co., Ltd.

(16)

Depository

Japan Securities Depository Center, Inc.

2   529th Corporate Bonds

(1)

Amount issued

10 billion yen

(2)

Denominations

1 million yen

(3)

Coupon rate

0.390% per annum

(4)

Cost (Issue value)

100 yen per par value of 100 yen

(5)

Subscriber yield

0.390% per annum

(6)

Period (payback date)

10 years (November 24, 2028)

(7)

Payback schedule

Lump-sum payment at end of period

(8)

Interest disbursements

May 25 and November 25 of each year

(9)

Payment receipt date (Issue date)

November 30, 2018

(10)

Subscription accepted from

November 22, 2018

(11)

Subscription procedure

Public offering

(12)

Purpose for funds

Equipment funding, payback of loans, payback of corporate bonds 

(13)

Security

Ordinary security under Electric Utility Industry Law 

(14)

Bond Administrators

Sumitomo Mitsui Banking Corporation (lead),
Mizuho Bank, Ltd.
MUFG Bank, Ltd.

(15)

Underwriters

Jointly managed by an underwriting group of four lead companies:
Mizuho Securities Co., Ltd.,
Daiwa Securities Co., Ltd.
SMBC Nikko Securities Inc.
Shinkin Securities Co., Ltd.

(16)

Depository

Japan Securities Depository Center, Inc.