Press Release
Issuing 573rd Corporate Bonds, 574th Corporate Bonds and 575th Corporate Bonds
July 03, 2025
Chubu Electric Power Co., Inc.
Chubu Electric Power has decided to issue 573rd corporate bonds, 574th corporate bonds and 575th corporate bonds, the offering period of which has begun today.
The following is an overview of issue conditions.
Details
1 Chubu Electric Power Co., Inc. 573rd Unsecured Bonds (with pari passu clause among specified corporate bonds)
|
1 |
Amount issued |
12 billion yen |
|
2 |
Denominations |
1 million yen |
|
3 |
Coupon rate |
1.842% per annum |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
1.842% per annum |
|
6 |
Period (payback date) |
9 years (July 25, 2034) |
|
7 |
Payback schedule |
Lump-sum payment at end of period |
|
8 |
Interest disbursements |
January 25 and July 25 of each year |
|
9 |
Payment receipt date (Issue date) |
July 9, 2025 |
|
10 |
Subscription accepted from |
July 3, 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 |
Mizuho Securities Co., Ltd. |
|
16 |
Depository |
Japan Securities Depository Center, Inc. |
2 Chubu Electric Power Co., Inc. 574th Unsecured Bonds (with pari passu clause among specified corporate bonds)
|
1 |
Amount issued |
23 billion yen |
|
2 |
Denominations |
1 million yen |
|
3 |
Coupon rate |
1.958% per annum |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
1.958% per annum |
|
6 |
Period (payback date) |
10 years (July 25, 2035) |
|
7 |
Payback schedule |
Lump-sum payment at end of period |
|
8 |
Interest disbursements |
January 25 and July 25 of each year |
|
9 |
Payment receipt date (Issue date) |
July 9, 2025 |
|
10 |
Subscription accepted from |
July 3, 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: |
|
16 |
Depository |
Japan Securities Depository Center, Inc. |
3 Chubu Electric Power Co., Inc. 575th Unsecured Bonds (with pari passu clause among specified corporate bonds)
|
1 |
Amount issued |
11 billion yen |
|
2 |
Denominations |
1 million yen |
|
3 |
Coupon rate |
2.732% per annum |
|
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
5 |
Subscriber yield |
2.732% per annum |
|
6 |
Period (payback date) |
20 years (July 25, 2045) |
|
7 |
Payback schedule |
Lump-sum payment at end of period |
|
8 |
Interest disbursements |
January 25 and July 25 of each year |
|
9 |
Payment receipt date (Issue date) |
July 9, 2025 |
|
10 |
Subscription accepted from |
July 3, 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), Mizuho Bank, Ltd.,MUFG Bank, Ltd. |
|
15 |
Underwriters |
Jointly managed by an underwriting group of four lead companies: Mitsubishi UFJ Morgan Stanley Securities Co.,Ltd.,Nomura Securities Co.,Ltd., Daiwa Securities Co., Ltd., Mizuho Securities Co., Ltd. |
|
16 |
Depository |
Japan Securities Depository Center, Inc. |