Chubu Electric Power Co.,Inc. | Issuing Domestic Corporate Straight Bonds (5-year, 30 billion yen) - Press Releases(2019)
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Press Release 2019

Issuing Domestic Corporate Straight Bonds (5-year, 30 billion yen)

September 5, 2019

Chubu Electric Power Co.,Inc.

Chubu Electric Power has decided to issue 5-year  (534th issue, worth 30 billion yen) domestic corporate straight bonds, the offering period of which has begun today.

The following is an overview of issue conditions.

Details

1

Amount issued

30 billion yen

2

Denominations

1 million yen

3

Coupon rate

0.100% per annum

4

Cost (Issue value)

100 yen per par value of 100 yen

5

Subscriber yield

0.100% per annum

6

Period (payback date)

5 years (August 23, 2024)

7

Payback schedule

Lump-sum payment at end of period

8

Interest disbursements

February 25 and August 25 of each year

9

Payment receipt date (Issue date)

September 12, 2019

10

Subscription accepted from

September 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:
Nomura Securities Co.,Ltd.,
Daiwa Securities Co., Ltd.,
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.,
Mizuho Securities Co., Ltd.

16

Depository

Japan Securities Depository Center, Inc.