Press Release
Issuing 576th Corporate Bonds "Fourth Chubu Electric Power Green Bonds" and 577th Corporate Bonds
September 05, 2025
Chubu Electric Power Co., Inc.
Chubu Electric Power has decided to issue 576th corporate bonds "fourth chubu electric power green bonds"* and 577th corporate bonds, the offering period of which has begun today.
The following is an overview of issue conditions.
* From the standpoint of promoting initiatives to realize a carbon-free society and diversify financing, fourth chubu electric power green bonds limits use of procured financing to development of renewable energies and other environmental improvement projects.
Details
1 Chubu Electric Power Co., Inc. 576th Unsecured Bonds (with pari passu clause among specified corporate bonds) (Green Bonds)
1 |
Amount issued |
10 billion yen |
2 |
Denominations |
1 million yen |
3 |
Coupon rate |
2.010% per annum |
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
5 |
Subscriber yield |
2.010% per annum |
6 |
Period (payback date) |
10 years (September 25, 2035) |
7 |
Payback schedule |
Lump-sum payment at end of period |
8 |
Interest disbursements |
March 25 and September 25 of each year |
9 |
Payment receipt date (Issue date) |
September 11, 2025 |
10 |
Subscription accepted from |
September 5, 2025 |
11 |
Subscription procedure |
Public offering |
12 |
Purpose for funds |
Development, construction, administration and maintenance of renewable energy facilities |
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. |
2 Chubu Electric Power Co., Inc. 577th Unsecured Bonds (with pari passu clause among specified corporate bonds)
1 |
Amount issued |
10.2 billion yen |
2 |
Denominations |
1 million yen |
3 |
Coupon rate |
2.962% per annum |
4 |
Cost (Issue value) |
100 yen per par value of 100 yen |
5 |
Subscriber yield |
2.962% per annum |
6 |
Period (payback date) |
20 years (September 25, 2045) |
7 |
Payback schedule |
Lump-sum payment at end of period |
8 |
Interest disbursements |
March 25 and September 25 of each year |
9 |
Payment receipt date (Issue date) |
September 11, 2025 |
10 |
Subscription accepted from |
September 5, 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. |