Chubu Electric Power Co.,Inc. | Chubu Electric Power Issuing 513th Corporate Bonds (Domestic Corporate Straight Bonds) - Press Releases(2016)
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Press Release 2016

Chubu Electric Power Issuing 513th Corporate Bonds (Domestic Corporate Straight Bonds)

August 23, 2016

Chubu Electric Power Co.,Inc.

Chubu Electric has decided to issue 7-year domestic corporate straight bonds (513th issue, worth 20 billion yen) and has begun accepting applications today.

The following is an overview of issue conditions.

Details

1. Amount issued

20 billion yen

2. Denominations

1 million yen

3. Coupon rate

0.140% annually

4. Cost (Issue value)

100 yen per par value of 100 yen

5. Subscriber yield

0.140% annually

6. Period (payback date)

7 years (August 25, 2023)

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, 2016

10. Subscriptions accepted from

August 23, 2016

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 Bank, Ltd. and Bank of Tokyo-Mitsubishi UFJ, Ltd.

15. Underwriters

An underwriting group of three companies, jointly managed by Mizuho Securities Co., Ltd. Nomura Securities Co.,Ltd. and SMBC Nikko Securities Inc.

16. Transfer organization

Japan Securities Depository Center, Inc.