Press Release
Issuing 563rd Corporate Bonds and 564th Corporate Bonds
August 24, 2023
Chubu Electric Power Co.,Inc.
Chubu Electric Power has decided to 563rd corporate bonds and 564th corporate bonds, the offering period of which has begun today.
The following is an overview of issue conditions.
Details
1 563rd Corporate Bonds
|
1 |
Amount issued |
10 billion yen |
|
2 |
Denominations |
1 million yen |
|
3 |
Coupon rate |
0.972% per annum |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
0.972% per annum |
|
6 |
Period (payback date) |
10 years (August 25, 2033) |
|
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) |
August 30, 2023 |
|
10 |
Subscription accepted from |
August 24, 2023 |
|
11 |
Subscription procedure |
Public offering |
|
12 |
Purpose for funds |
Equipment funding, payback of loans, payback of corporate bonds, Loan fund for Chubu Electric Power Grid Co., Inc. |
|
13 |
Security |
Ordinary security under Electric Utility Industry Law |
|
14 |
Bond Administrators |
Sumitomo Mitsui Banking Corporation (Lead), |
|
15 |
Underwriters |
Jointly managed by an underwriting group of four lead companies: |
|
16 |
Depository |
Japan Securities Depository Center, Inc. |
2 564th Corporate Bonds
|
1 |
Amount issued |
10 billion yen |
|
2 |
Denominations |
1 million yen |
|
3 |
Coupon rate |
1.704% per annum |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
1.704% per annum |
|
6 |
Period (payback date) |
20 years (August 25, 2043) |
|
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) |
August 30, 2023 |
|
10 |
Subscription accepted from |
August 24, 2023 |
|
11 |
Subscription procedure |
Public offering |
|
12 |
Purpose for funds |
Equipment funding, payback of loans, payback of corporate bonds, Loan fund for Chubu Electric Power Grid Co., Inc. |
|
13 |
Security |
Ordinary security under Electric Utility Industry Law |
|
14 |
Bond Administrators |
Sumitomo Mitsui Banking Corporation (Lead), |
|
15 |
Underwriters |
Jointly managed by an underwriting group of four lead companies: |
|
16 |
Depository |
Japan Securities Depository Center, Inc. |