Press Release

Press Release

Issuing 557th Corporate Bonds and 558th Corporate Bonds “Second Chubu Electric Power Green Bonds”

May 20, 2022
Chubu Electric Power Co.,Inc.

Chubu Electric Power has decided to 557th corporate bonds and 558th corporate bonds "second chubu electric power green bonds"(*) , the offering period of which has begun today.

The following is an overview of issue conditions.

(*) From the standpoint of promoting initiatives to realize a carbon-free society and diversify financing, second chubu electric power green bonds limits use of procured financing to development of renewable energies and other environmental improvement projects.

Details

1 557th Corporate Bonds

1

Amount issued

30 billion yen

2

Denominations

1 million yen

3

Coupon rate

0.380%

 per annum

6

Period (payback date)

5 years (May 25, 2027)

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)

May 26, 2022

10

Subscription accepted from

May 20, 2022

11

Subscription procedure

Public offering

12

Purpose for funds

Equipment funding, payback of loans, payback of corporate bonds, 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.,
Mitsubishi UFJ Morgan Stanley Securities Co.,Ltd.,
Mizuho Securities Co., Ltd.,
Tokai Tokyo Securities Co., Ltd.

16

Depository

Japan Securities Depository Center, Inc.

2 558th Corporate Bonds "Second Chubu Electric Power Green Bonds"

1

Amount issued

20 billion yen

2

Denominations

1 million yen

3

Coupon rate

0.624% per annum

4

Cost (Issue value)

100 yen per par value of 100 yen

5

Subscriber yield

0.624% per annum

6

Period (payback date)

10 years (May 25, 2032)

7

Payback schedule

Lump-sum payment at end of period

8

Interest disbursements

May 25 and Nobember 25 of each year

9

Payment receipt date (Issue date)

May 26, 2022

10

Subscription accepted from

May 20, 2022

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),
Mizuho Bank, Ltd.,
MUFG Bank, Ltd.

15

Underwriters

Jointly managed by an underwriting group of four lead companies:
Mizuho Securities Co., Ltd.
Nomura Securities Co.,Ltd.,
Tokai Tokyo Securities Co., Ltd.,
Shinkin Securities Co.,Ltd.

16

Depository

Japan Securities Depository Center, Inc.

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