Press Release
Issuing 571st Corporate Bonds
April 04, 2025
Chubu Electric Power Co.,Inc.
Chubu Electric Power has decided to 571st corporate bonds, the offering period of which has begun today.
The following is an overview of issue conditions.
Details
Chubu Electric Power Co., Inc. 571st Unsecured Bonds (with pari passu clause among specified corporate bonds)
|
1 |
Amount issued |
4.5 billion yen |
|
2 |
Denominations |
1 million yen |
|
3 |
Coupon rate |
2.347% per annum |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
2.347% per annum |
|
6 |
Period (payback date) |
20 years (April 25, 2045) |
|
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, 2025 |
|
10 |
Subscription accepted from |
April 4, 2025 |
|
11 |
Subscription procedure |
Public offering |
|
12 |
Purpose for funds |
Equipment funding, investment and loan funds, payback of loans, payback of corporate bonds, Loan funds to subsidiaries |
|
13 |
Security |
Unsecured |
|
14 |
Bond Administrators |
Sumitomo Mitsui Banking Corporation (Lead), |
|
15 |
Underwriters |
Jointly managed by an underwriting group of four lead companies: Nomura Securities Co.,Ltd., Mizuho Securities Co., Ltd., SMBC Nikko Securities Inc., Daiwa Securities Co., Ltd. |
|
16 |
Depository |
Japan Securities Depository Center, Inc. |