Press Release

Press Release

Issuing Domestic Corporate Straight Bonds (3-year, 30 billion yen and 5-year, 20 billion yen)

December 02, 2021
Chubu Electric Power Co.,Inc.

Chubu Electric Power has decided to issue 3-year (551st issue, worth 30 billion yen) and 5-year (552nd issue, 20 billion yen) domestic corporate straight bonds, the offering period of which has begun today.

The following is an overview of issue conditions.

Details

1 551st Corporate Bonds

1

Amount issued

30 billion yen

2

Denominations

1 million yen

3

Coupon rate

0.001% per annum

4

Cost (Issue value)

100.003 yen per par value of 100 yen

5

Subscriber yield

Approx. 0.000% per annum

6

Period (payback date)

3 years (December 25, 2024)

7

Payback schedule

Lump-sum payment at end of period

8

Interest disbursements

June 25 and December 25 of each year

9

Payment receipt date (Issue date)

December 08, 2021

10

Subscription accepted from

December 02, 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 four lead companies:
Mitsubishi UFJ Morgan Stanley Securities Co.,Ltd.,
Nomura Securities Co.,Ltd.,
Daiwa Securities Co., Ltd.,
Mizuho Securities Co., Ltd.

16

Depository

Japan Securities Depository Center, Inc.

2 552nd Corporate Bonds

1

Amount issued

20 billion yen

2

Denominations

1 million yen

3

Coupon rate

0.150% per annum

4

Cost (Issue value)

100 yen per par value of 100 yen

5

Subscriber yield

0.150% per annum

6

Period (payback date)

5 years (December 25, 2026)

7

Payback schedule

Lump-sum payment at end of period

8

Interest disbursements

June 25 and December 25 of each year

9

Payment receipt date (Issue date)

December 08, 2021

10

Subscription accepted from

December 02, 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 four lead companies:
Daiwa Securities Co., Ltd.,
Nomura Securities Co.,Ltd.,
Mizuho Securities Co., Ltd.,
Tokai Tokyo Securities Co., Ltd.

16

Depository

Japan Securities Depository Center, Inc.

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