Press Release

Press Release

Chubu Electric Power Issuing 502nd Corporate Bonds (Domestic Corporate Straight Bonds)

December 04, 2014
Chubu Electric Power Co.,Inc.

Chubu Electric has decided to issue 10-year domestic corporate straight bonds (502nd issue, worth 20 billion yen) and has begun accepting applications today.

The following is an overview of issue conditions.




1. Amount issued

20 billion yen

2. Denominations

1 million yen (One denomination only)

3. Coupon rate

0.671% annually

4. Cost (Issue value)

100 yen per par value of 100 yen

5. Subscriber yield

0.671% annually

6. Period (payback date)

10 years (December 25, 2024)

7. Payback schedule

Lump-sum payment at end of period

8. Interest disbursements

June 25 and December 25 of each year

9. Payment receipt date (Issue date)

December 11, 2014

10. Subscriptions accepted from

December 04, 2014

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 Bank, Ltd. and Bank of Tokyo-Mitsubishi UFJ, Ltd.

15. Underwriters

An underwriting group of seven companies, jointly managed by Daiwa Securities Co. Ltd.,SMBC Nikko Securities Inc. and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

16. Transfer organization

Japan Securities Depository Center, Inc.

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