Press Release
Issuing Domestic Corporate Straight Bonds (10-year, 20 billion yen and 20-year, 10 billion yen)
September 01, 2021
Chubu Electric Power Co., Inc.
Chubu Electric Power has decided to issue 10-year (546th issue, worth 20 billion yen) and 20-year (547th 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 546th 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 (September 25, 2031) |
|
7 |
Payback schedule |
Lump-sum payment at end of period |
|
8 |
Interest disbursements |
March 25 and September 25 of each year |
|
9 |
Payment receipt date (Issue date) |
September 07, 2021 |
|
10 |
Subscription accepted from |
September 01, 2021 |
|
11 |
Subscription procedure |
Public offering |
|
12 |
Purpose for funds |
Equipment funding, payback of loans, 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 547th Corporate Bonds
|
1 |
Amount issued |
10 billion yen |
|
2 |
Denominations |
1 million yen |
|
3 |
Coupon rate |
0.570% per annum |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
0.570% per annum |
|
6 |
Period (payback date) |
20 years (September 25, 2041) |
|
7 |
Payback schedule |
Lump-sum payment at end of period |
|
8 |
Interest disbursements |
March 25 and September 25 of each year |
|
9 |
Payment receipt date (Issue date) |
September 07, 2021 |
|
10 |
Subscription accepted from |
September 01, 2021 |
|
11 |
Subscription procedure |
Public offering |
|
12 |
Purpose for funds |
Equipment funding, payback of loans, 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. |