Press Release

Press Release

Issuing Domestic Corporate Straight Bonds (5-year, 20 billion yen and 20-year, 10 billion yen)

February 19, 2020
Chubu Electric Power Co.,Inc.

Chubu Electric Power has decided to issue 5-year (539th issue, worth 20 billion yen) and 20-year (540th 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 539th Corporate Bonds

(1)

Amount issued

20 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 (February 25, 2025)

(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)

February 27, 2020

(10)

Subscription accepted from

February 19, 2020

(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.,
SMBC Nikko Securities Inc.,
Shinkin Securities Co., Ltd.

(16)

Depository

Japan Securities Depository Center, Inc.

2   540th Corporate Bonds

(1)

Amount issued

10 billion yen

(2)

Denominations

1 million yen

(3)

Coupon rate

0.530% per annum

(4)

Cost (Issue value)

100 yen per par value of 100 yen

(5)

Subscriber yield

0.530% per annum

(6)

Period (payback date)

20 years (February 24, 2040)

(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)

February 27, 2020

(10)

Subscription accepted from

February 19, 2020

(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.,
SMBC Nikko Securities Inc.,
Tokai Tokyo Securities Co., Ltd.

(16)

Depository

Japan Securities Depository Center, Inc.

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