Press Release

Press Release

Chubu Electric Power Issuing 508th Corporate Bonds (Domestic Corporate Straight Bonds)

April 08, 2016
Chubu Electric Power Co.,Inc.

Chubu Electric has decided to issue 7-year domestic corporate straight bonds (508th 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

3. Coupon rate

0.180% annually

4. Cost (Issue value)

100 yen per par value of 100 yen

5. Subscriber yield

0.180% annually

6. Period (payback date)

7 years (April 25, 2023)

7. Payback schedule

Lump-sum payment at end of period

8. Interest disbursements

April 25 and October 25 of each year

9. Payment receipt date (Issue date)

April 15, 2016

10. Subscriptions accepted from

April 08, 2016

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 four companies, jointly managed by Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. , SMBC Nikko Securities Inc. , Mizuho Securities Co., Ltd.and Shinkin Securities Co.,Ltd.

16. Transfer organization

Japan Securities Depository Center, Inc.

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