Press Release
Chubu Electric Power issues Green Bonds (10-year bonds, 10 billion yen)
July 09, 2021
Chubu Electric Power Co.,Inc.
Chubu Electric Power has determined details of its issuance of Chubu Electric Power Green Bonds (545th issue of corporate bonds, 10 billion yen).
The Chubu Electric Power Group will continue to work with all stakeholders to achieve sustainable growth and enhancement of its corporate value, while deepening ESG business management to contribute to solving issues outlined in the SDGs.
Details
|
1 |
Amount issued |
10 billion yen |
|
2 |
Denominations |
1 million yen |
|
3 |
Coupon rate |
0.300% per annum |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
0.300% per annum |
|
6 |
Period (payback date) |
10 years (July 25, 2031) |
|
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) |
July 15, 2021 |
|
10 |
Subscription accepted from |
July 09, 2021 |
|
11 |
Subscription procedure |
Public offering |
|
12 |
Purpose for funds |
Development, construction, administration and maintenance of renewable energy facilities |
|
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 three lead companies: |
|
16 |
Depository |
Japan Securities Depository Center, Inc. |