Press Release
Issuing 559th Corporate Bonds
June 03, 2022
Chubu Electric Power Co.,Inc.
Chubu Electric Power has decided to 559th corporate bonds, the offering period of which has begun today.
The following is an overview of issue conditions.
Details
|
1 |
Amount issued |
9 billion yen |
|
2 |
Denominations |
1 million yen |
|
3 |
Coupon rate |
0.850% per annum |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
0.850% per annum |
|
6 |
Period (payback date) |
16 years (June 25, 2038) |
|
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) |
June 9, 2022 |
|
10 |
Subscription accepted from |
June 3, 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. |