Chubu Electric Power Co.,Inc. | Issuing Domestic Corporate Straight Bonds (10-year, 10 billion yen and 20-year, 10 billion yen) - Press Releases(2019)
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Press Release 2019

Issuing Domestic Corporate Straight Bonds (10-year, 10 billion yen and 20-year, 10 billion yen)

November 21, 2019

Chubu Electric Power Co.,Inc.

Chubu Electric Power has decided to issue 10-year (535th issue, worth 10 billion yen) and 20-year (536th 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 535th Corporate Bonds

(1)

Amount issued

10 billion yen

(2)

Denominations

1 million yen

(3)

Coupon rate

0.260% per annum

(4)

Cost (Issue value)

100 yen per par value of 100 yen

(5)

Subscriber yield

0.260% per annum

(6)

Period (payback date)

10 years (November 22, 2029)

(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 28, 2019

(10)

Subscription accepted from

November 21, 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:
Mizuho Securities Co., Ltd., 
SMBC Nikko Securities Inc.,
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.,
Shinkin Securities Co., Ltd.

(16)

Depository

Japan Securities Depository Center, Inc.

2   536th Corporate Bonds

(1)

Amount issued

10 billion yen

(2)

Denominations

1 million yen

(3)

Coupon rate

0.550% per annum

(4)

Cost (Issue value)

100 yen per par value of 100 yen

(5)

Subscriber yield

0.550% per annum

(6)

Period (payback date)

20 years (November 25, 2039)

(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 28, 2019

(10)

Subscription accepted from

November 21, 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:

Mizuho Securities Co., Ltd.,
Daiwa Securities Co., Ltd.,

SMBC Nikko Securities Inc.,
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

(16)

Depository

Japan Securities Depository Center, Inc.