Press Release

Chubu Electric Power Issuing 522nd and 523rd Corporate Bonds (Domestic Corporate Straight Bonds)

April 07, 2017
Chubu Electric Power Co.,Inc.

Chubu Electric has decided to issue 5-year (522nd issue, worth 20 billion yen) and 20-year (523rd 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 522nd Corporate Bonds

1. Amount issued

20 billion yen

2. Denominations

1 million yen

3. Coupon rate

0.130% annually

4. Cost (Issue value)

100 yen per par value of 100 yen

5. Subscriber yield

0.130% annually

6. Period (payback date)

5 years (April 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)

April 14, 2017

10. Subscriptions accepted from

April 07, 2017

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

16. Transfer organization

Japan Securities Depository Center, Inc.

2 523rd Corporate Bonds