Chubu Electric Power Co.,Inc. | Chubu Electric Power Issuing 532nd and 533rd Corporate Bonds(Domestic Corporate Straight Bonds) - Press Releases(2019)
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Press Release 2019

Chubu Electric Power Issuing 532nd and 533rd Corporate Bonds(Domestic Corporate Straight Bonds)

July 5, 2019

Chubu Electric Power Co.,Inc.

Chubu Electric Power has decided to issue 10-year  (532nd issue, worth 20 billion yen) and 20-year (533rd 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   532nd Corporate Bonds

(1)

Amount issued

20 billion yen

(2)

Denominations

1 million yen

(3)

Coupon rate

0.224% per annum

(4)

Cost (Issue value)

100 yen per par value of 100 yen

(5)

Subscriber yield

0.224% per annum

(6)

Period (payback date)

10 years (July 25, 2029)

(7)

Payback schedule

Lump-sum payment at end of period

(8)

Interest disbursements

January 25 and July 25 of each year

(9)

Payment receipt date (Issue date)

July 12, 2019

(10)

Subscription accepted from

July 5, 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:
SMBC Nikko Securities Inc.,
Nomura Securities Co.,Ltd.,
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.,
Mizuho Securities Co., Ltd.

(16)

Depository

Japan Securities Depository Center, Inc.

2   533rd Corporate Bonds

(1)

Amount issued

10 billion yen

(2)

Denominations

1 million yen

(3)

Coupon rate

0.518% per annum

(4)

Cost (Issue value)

100 yen per par value of 100 yen

(5)

Subscriber yield

0.518% per annum

(6)

Period (payback date)

20 years (July 25, 2039)

(7)

Payback schedule

Lump-sum payment at end of period

(8)

Interest disbursements

January 25 and July 25 of each year

(9)

Payment receipt date (Issue date)

July 12, 2019

(10)

Subscription accepted from

July 5, 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:
SMBC Nikko Securities Inc.,
Nomura Securities Co.,Ltd.,
Daiwa Securities Co., Ltd.,
Mizuho Securities Co., Ltd.

(16)

Depository

Japan Securities Depository Center, Inc.