English TOP>About Chubu Electric Power>Press Releases and Other Company News>Press Releases>Back Number>Back Number(2008)>Chubu Electric Power Issuing 486th Corporate Bonds(Domestic Corporate Straight Bonds)

Press Release 2008

Chubu Electric Power Issuing 486th Corporate Bonds(Domestic Corporate Straight Bonds)

August 20, 2008

Chubu Electric Power Co., Inc.

Chubu Electric has decided to issue 10-year domestic corporate straight bonds (486th issue, worth 20 billion yen) and began accepting applications today.

The following is an overview of issue conditions.


 

Details

1.  Amount issued: 20 billion yen

2.  Denominations: 1 million yen    (One denomination only)

3.  Coupon rate: 1.691% annually

4.  Cost (issue value): 100 yen per par value of 100 yen

5.  Subscriber yield: 1.691% annually

6.  Period (payback date): 10 years (August 24, 2018)

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 29, 2008

10. Subscriptions accepted from: August 20, 2008

11. Subscription procedure: Public offering

12. Purpose of funds: Equipment funding, payback of loans, payback of corporate bonds

13. Security: Ordinary security under Electric Utility Law

14. Bond administrators: Sumitomo Mitsui Banking Corporation (Lead), Mizuho Corporate Bank, Ltd.,      and Bank of Tokyo-Mitsubishi UFJ, Ltd.

15. Underwriters: An underwriting group of eight companies, jointly managed by Daiwa Securities SMBC      Co. Ltd., Mitsubishi UFJ Securities Co., Ltd., and JPMorgan Chase & Co.

16. Transfer organization: Japan Securities Depository Center, Inc.