Press Release
Chubu Electric Power Issuing 528th and 529th Corporate Bonds(Domestic Corporate Straight Bonds)
November 22, 2018
Chubu Electric Power Co.,Inc.
Chubu Electric Power has decided to issue 5-year (528th issue, worth 10 billion yen) and 10-year (529th issue, 10 billion yen) domestic corporate straight bonds, the offering period of which has begun today.
The following is an overview of issue conditions.
Details
1 528th Corporate Bonds
|
(1) |
Amount issued |
10 billion yen |
|
(2) |
Denominations |
1 million yen |
|
(3) |
Coupon rate |
0.130% per annum |
|
(4) |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
(5) |
Subscriber yield |
0.130% per annum |
|
(6) |
Period (payback date) |
5 years (November 24, 2023) |
|
(7) |
Payback schedule |
Lump-sum payment at end of period |
|
(8) |
Interest disbursements |
May 25 and November 25 of each year |
|
(9) |
Payment receipt date (Issue date) |
November 30, 2018 |
|
(10) |
Subscription accepted from |
November 22, 2018 |
|
(11) |
Subscription procedure |
Public offering |
|
(12) |
Purpose for funds |
Equipment funding, payback of loans, payback of corporate bonds |
|
(13) |
Security |
Ordinary security under Electric Utility Industry Law |
|
(14) |
Bond Administrators |
Sumitomo Mitsui Banking Corporation (Lead), MUFG Bank, Ltd. |
|
(15) |
Underwriters |
Jointly managed by an underwriting group of four lead companies: Mizuho Securities Co., Ltd., Nomura Securities Co., Ltd., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Tokai Tokyo Securities Co., Ltd. |
|
(16) |
Depository |
Japan Securities Depository Center, Inc. |
2 529th Corporate Bonds
|
(1) |
Amount issued |
10 billion yen |
|
(2) |
Denominations |
1 million yen |
|
(3) |
Coupon rate |
0.390% per annum |
|
(4) |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
(5) |
Subscriber yield |
0.390% per annum |
|
(6) |
Period (payback date) |
10 years (November 24, 2028) |
|
(7) |
Payback schedule |
Lump-sum payment at end of period |
|
(8) |
Interest disbursements |
May 25 and November 25 of each year |
|
(9) |
Payment receipt date (Issue date) |
November 30, 2018 |
|
(10) |
Subscription accepted from |
November 22, 2018 |
|
(11) |
Subscription procedure |
Public offering |
|
(12) |
Purpose for funds |
Equipment funding, payback of loans, payback of corporate bonds |
|
(13) |
Security |
Ordinary security under Electric Utility Industry Law |
|
(14) |
Bond Administrators |
Sumitomo Mitsui Banking Corporation (lead), Mizuho Bank, Ltd. MUFG Bank, Ltd. |
|
(15) |
Underwriters |
Jointly managed by an underwriting group of four lead companies: |
|
(16) |
Depository |
Japan Securities Depository Center, Inc. |