Press Release

Chubu Electric Power Issuing 514th and 515th Corporate Bonds (Domestic Corporate Straight Bonds)

October 07, 2016
Chubu Electric Power Co.,Inc.

Chubu Electric has decided to issue 6-year (514th issue, worth 10 billion yen) and 20-year (515th 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 514th Corporate Bonds

1. Amount issued

10 billion yen

2. Denominations

1 million yen

3. Coupon rate

0.100% annually

4. Cost (Issue value)

100 yen per par value of 100 yen

5. Subscriber yield

0.100% annually

6. Period (payback date)

6 years (October 25, 2022)

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)

October 17, 2016

10. Subscriptions accepted from

October 07, 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 Tokai Tokyo Securities Co.,Ltd.

16. Transfer organization

Japan Securities Depository Center, Inc.

2 515th Corporate Bonds