Press Release
Issuing 572nd Corporate Bonds
May 16, 2025
Chubu Electric Power Co.,Inc.
Chubu Electric Power has decided to 572nd corporate bonds, the offering period of which has begun today.
The following is an overview of issue conditions.
Details
Chubu Electric Power Co., Inc. 572nd Unsecured Bonds (with pari passu clause among specified corporate bonds)
|
1 |
Amount issued |
4 billion yen |
|
2 |
Denominations |
1 million yen |
|
3 |
Coupon rate |
2.755% per annum |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
2.755% per annum |
|
6 |
Period (payback date) |
20 years (May 25, 2045) |
|
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 22, 2025 |
|
10 |
Subscription accepted from |
May 16, 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: Mizuho Securities Co., Ltd., Daiwa Securities Co., Ltd., Nomura Securities Co.,Ltd., Tokai Tokyo Securities Co., Ltd. |
|
16 |
Depository |
Japan Securities Depository Center, Inc. |