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 |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
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), |
|
15 |
Underwriters |
Jointly managed by an underwriting group of four lead companies: |
|
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 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 |
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 four lead companies: |
|
16 |
Depository |
Japan Securities Depository Center, Inc. |