Press Release

Press Release

Issuing Domestic Corporate Straight Bonds (17-year, 12 billion yen)

November 12, 2021
Chubu Electric Power Co.,Inc.

Chubu Electric Power has decided to issue 17-year (550th issue, worth 12 billion yen) domestic corporate straight bonds, the offering period of which has begun today.

The following is an overview of issue conditions.

Details

1

Amount issued

12 billion yen

2

Denominations

1 million yen

3

Coupon rate

0.500% per annum

4

Cost (Issue value)

100 yen per par value of 100 yen

5

Subscriber yield

0.500% per annum

6

Period (payback date)

17 years (November 25, 2038)

7

Payback schedule

Lump-sum payment at end of period

8

Interest disbursements

May 25 and November 25 of each year

9

Payment receipt date (Issue date)

November 18, 2021

10

Subscription accepted from

November 12, 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),
Mizuho Bank, Ltd.,
MUFG Bank, Ltd.

15

Underwriters

Jointly managed by an underwriting group of three lead companies:
Nomura Securities Co.,Ltd.,
SMBC Nikko Securities Inc.,
Tokai Tokyo Securities Co., Ltd.

16

Depository

Japan Securities Depository Center, Inc.

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