Press Release
Issuing Domestic Corporate Straight Bonds (10-year, 10 billion yen and 20-year, 10 billion yen)
November 21, 2019
Chubu Electric Power Co.,Inc.
Chubu Electric Power has decided to issue 10-year (535th issue, worth 10 billion yen) and 20-year (536th 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 535th Corporate Bonds
(1) |
Amount issued |
10 billion yen |
(2) |
Denominations |
1 million yen |
(3) |
Coupon rate |
0.260% per annum |
(4) |
Cost (Issue value) |
100 yen per par value of 100 yen |
(5) |
Subscriber yield |
0.260% per annum |
(6) |
Period (payback date) |
10 years (November 22, 2029) |
(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 28, 2019 |
(10) |
Subscription accepted from |
November 21, 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: Mizuho Securities Co., Ltd., SMBC Nikko Securities Inc., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Shinkin Securities Co., Ltd. |
(16) |
Depository |
Japan Securities Depository Center, Inc. |
2 536th Corporate Bonds
(1) |
Amount issued |
10 billion yen |
(2) |
Denominations |
1 million yen |
(3) |
Coupon rate |
0.550% per annum |
(4) |
Cost (Issue value) |
100 yen per par value of 100 yen |
(5) |
Subscriber yield |
0.550% per annum |
(6) |
Period (payback date) |
20 years (November 25, 2039) |
(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 28, 2019 |
(10) |
Subscription accepted from |
November 21, 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: Mizuho Securities Co., Ltd., SMBC Nikko Securities Inc., |
(16) |
Depository |
Japan Securities Depository Center, Inc. |