Press Release
Chubu Electric Power Issuing 493rd Corporate Bonds (Domestic Corporate Straight Bonds)
February 17, 2010
Chubu Electric Power Co.,Inc.
Chubu Electric has decided to issue 5-year domestic corporate straight bonds
(493rd issue, worth 20 billion yen) and has begun accepting applications today.
The following is an overview of issue conditions.
Details
1. Amount issued
20 billion yen
2. Denominations
1 million yen (One denomination only)
3. Coupon rate
0.628% / year
4. Cost (Issue value)
100 yen per par value of 100 yen
5. Subscriber yield
0.628% / year
6. Period (payback date)
5 years (February 25, 2015)
7. Payback schedule
Lump-sum payment at end of period
8. Interest disbursements
February 25 and August 25 of each year
9. Payment receipt date (Issue date)
February 26, 2010
10. Subscriptions accepted from
February 17, 2010
11. Subscription procedure
Public offering
12. Purpose of funds
Equipment funding, payback of loans, payback of corporate bonds
13. Security
Ordinary security under Electric Utility Law
14. Bond administrators
Sumitomo Mitsui Banking Corporation (Lead), Mizuho Corporate Bank, Ltd., and Bank of Tokyo-Mitsubishi UFJ, Ltd.
15. Underwriters
An underwriting group of seven companies, jointly managed by Mitsubishi UFJ Securities Co., Ltd., Daiwa Securities Capital Markets Co. Ltd. and Barclays Capital Japan Limited.
16. Transfer organization
Japan Securities Depository Center, Inc.