Press Release

Chubu Electric Power Issuing 509th and 510th Corporate Bonds (Domestic Corporate Straight Bonds)

June 10, 2016
Chubu Electric Power Co.,Inc.

Chubu Electric has decided to issue 10-year (509th issue, worth 10 billion yen) and 20-year (510th issue, worth 10 billion yen) domestic corporate straight bonds and has begun accepting applications today.

The following is an overview of issue conditions.

Details

1 509th Corporate Bonds

1. Amount issued

10 billion yen

2. Denominations

1 million yen

3. Coupon rate

0.250% annually

4. Cost (Issue value)

100 yen per par value of 100 yen

5. Subscriber yield

0.250% annually

6. Period (payback date)

10 years (June 25, 2026)

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)

June 17, 2016

10. Subscriptions accepted from

June 10, 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 SMBC Nikko Securities Inc. , Nomura Securities Co., Ltd. ,Mitsubishi UFJ Morgan Stanley Securities Co.,Ltd. and Tokai Tokyo Securities Co.,Ltd.

16. Transfer organization

Japan Securities Depository Center, Inc.

2 510th Corporate Bonds