Press Release
Issuing 566th Corporate Bonds and 567th Corporate Bonds
April 04, 2024
Chubu Electric Power Co.,Inc.
Chubu Electric Power has decided to 566th corporate bonds and 567th corporate bonds, the offering period of which has begun today.
The following is an overview of issue conditions.
Details
1 566th Corporate Bonds
|
1 |
Amount issued |
35 billion yen |
|
2 |
Denominations |
1 million yen |
|
3 |
Coupon rate |
1.071% per annum |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
1.071% per annum |
|
6 |
Period (payback date) |
10 years (April 25, 2034) |
|
7 |
Payback schedule |
Lump-sum payment at end of period |
|
8 |
Interest disbursements |
April 25 and October 25 of each year |
|
9 |
Payment receipt date (Issue date) |
April 10, 2024 |
|
10 |
Subscription accepted from |
April 4, 2024 |
|
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 567th Corporate Bonds
|
1 |
Amount issued |
10 billion yen |
|
2 |
Denominations |
1 million yen |
|
3 |
Coupon rate |
1.789% per annum |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
1.789% per annum |
|
6 |
Period (payback date) |
20 years (April 25, 2044) |
|
7 |
Payback schedule |
Lump-sum payment at end of period |
|
8 |
Interest disbursements |
April 25 and October 25 of each year |
|
9 |
Payment receipt date (Issue date) |
April 10, 2024 |
|
10 |
Subscription accepted from |
April 4, 2024 |
|
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. |