Press Release

Chubu Electric Power Issuing 511th and 512th Corporate Bonds (Domestic Corporate Straight Bonds)

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

Chubu Electric has decided to issue 10-year (511th issue, worth 20 billion yen) and 20-year (512th 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 511th Corporate Bonds

1. Amount issued

20 billion yen

2. Denominations

1 million yen

3. Coupon rate

0.210% annually

4. Cost (Issue value)

100 yen per par value of 100 yen

5. Subscriber yield

0.210% annually

6. Period (payback date)

10 years (July 24, 2026)

7. Payback schedule

Lump-sum payment at end of period

8. Interest disbursements

January 25 and July 25 of each year

9. Payment receipt date (Issue date)

July 15, 2016

10. Subscriptions accepted from

July 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 Daiwa Securities Co., Ltd. , Nomura Securities Co., Ltd. , Mizuho Securities Co.,Ltd. and Tokai Tokyo Securities Co.,Ltd.

16. Transfer organization

Japan Securities Depository Center, Inc.

2 512th Corporate Bonds