Chubu Electric Power Co.,Inc. | Chubu Electric Power Issuing 530th and 531th Corporate Bonds(Domestic Corporate Straight Bonds) - Press Releases(2019)
English TOP>About Chubu Electric Power>Press Releases and Other Company News>Press Releases>2019>Chubu Electric Power Issuing 530th and 531th Corporate Bonds(Domestic Corporate Straight Bonds)

Press Release 2019

Chubu Electric Power Issuing 530th and 531th Corporate Bonds(Domestic Corporate Straight Bonds)

June 13, 2019

Chubu Electric Power Co.,Inc.

Chubu Electric Power has decided to issue 10-year  (530th issue, worth 20 billion yen) and 20-year (531th 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   530th Corporate Bonds

(1)

Amount issued

20 billion yen

(2)

Denominations

1 million yen

(3)

Coupon rate

0.274% per annum

(4)

Cost (Issue value)

100 yen per par value of 100 yen

(5)

Subscriber yield

0.274% per annum

(6)

Period (payback date)

10 years (June 25, 2029)

(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)

June 20, 2019

(10)

Subscription accepted from

June 13, 2019

(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:
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.,
Daiwa Securities Co., Ltd.,
Mizuho Securities Co., Ltd.,
Shinkin Securities Co., Ltd.

(16)

Depository

Japan Securities Depository Center, Inc.

2   531th Corporate Bonds

(1)

Amount issued

10 billion yen

(2)

Denominations

1 million yen

(3)

Coupon rate

0.563% per annum

(4)

Cost (Issue value)

100 yen per par value of 100 yen

(5)

Subscriber yield

0.563% per annum

(6)

Period (payback date)

20 years (June 24, 2039)

(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)

June 20, 2019

(10)

Subscription accepted from

June 13, 2019

(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:
Daiwa Securities Co., Ltd.,
SMBC Nikko Securities Inc.,
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.,
Tokai Tokyo Securities Co., Ltd.

(16)

Depository

Japan Securities Depository Center, Inc.