Chubu Electric Power Co.,Inc. | Issuing Domestic Corporate Straight Bonds (10-year, 20 billion yen and 20-year, 10 billion yen) - Press Releases(2020)
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Press Release 2020

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

January 16, 2020

Chubu Electric Power Co.,Inc.

Chubu Electric Power has decided to issue 10-year (537th issue, worth 20 billion yen) and 20-year (538th 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 537th Corporate Bonds

(1)

Amount issued

20 billion yen

(2)

Denominations

1 million yen

(3)

Coupon rate

0.280% per annum

(4)

Cost (Issue value)

100 yen per par value of 100 yen

(5)

Subscriber yield

0.280% per annum

(6)

Period (payback date)

10 years (January 25, 2030)

(7)

Payback schedule

Lump-sum payment at end of period

(8)

Interest disbursements

January 25 and July 25 of each year

(9)

Payment receipt date (Issue date)

January 23, 2020

(10)

Subscription accepted from

January 16, 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:
Nomura Securities Co., Ltd., 
Daiwa Securities Co., Ltd.,
Mizuho Securities Co., Ltd.,
Tokai Tokyo Securities Co., Ltd.

(16)

Depository

Japan Securities Depository Center, Inc.

2   538th 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 (January 25, 2040)

(7)

Payback schedule

Lump-sum payment at end of period

(8)

Interest disbursements

January 25 and July 25 of each year

(9)

Payment receipt date (Issue date)

January 23, 2020

(10)

Subscription accepted from

January 16, 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:

Daiwa Securities Co., Ltd.,
Nomura Securities Co., Ltd.,

Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.,
Mizuho Securities Co., Ltd.

(16)

Depository

Japan Securities Depository Center, Inc.