Press Release
Chubu Electric Power Issuing 530th and 531st Corporate Bonds(Domestic Corporate Straight Bonds)
June 13, 2019
Chubu Electric Power Co., Inc.
Chubu Electric Power has decided to issue 10-year (530th issue, worth 20 billion yen) and 20-year (531st 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 530th Corporate Bonds
|
(1) |
Amount issued |
20 billion yen |
|
(2) |
Denominations |
1 million yen |
|
(3) |
Coupon rate |
0.274% per annum |
|
(4) |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
(5) |
Subscriber yield |
0.274% per annum |
|
(6) |
Period (payback date) |
10 years (June 25, 2029) |
|
(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 20, 2019 |
|
(10) |
Subscription accepted from |
June 13, 2019 |
|
(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: Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Daiwa Securities Co., Ltd., Mizuho Securities Co., Ltd., Shinkin Securities Co., Ltd. |
|
(16) |
Depository |
Japan Securities Depository Center, Inc. |
2 531st Corporate Bonds
|
(1) |
Amount issued |
10 billion yen |
|
(2) |
Denominations |
1 million yen |
|
(3) |
Coupon rate |
0.563% per annum |
|
(4) |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
(5) |
Subscriber yield |
0.563% per annum |
|
(6) |
Period (payback date) |
20 years (June 24, 2039) |
|
(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 20, 2019 |
|
(10) |
Subscription accepted from |
June 13, 2019 |
|
(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. |