Press Release
Issuing Domestic Corporate Straight Bonds (10-year, 20 billion yen and 20-year, 10 billion yen)
January 16, 2020
Chubu Electric Power Co.,Inc.
Chubu Electric Power has decided to issue 10-year (537th issue, worth 20 billion yen) and 20-year (538th 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 537th Corporate Bonds
|
(1) |
Amount issued |
20 billion yen |
|
(2) |
Denominations |
1 million yen |
|
(3) |
Coupon rate |
0.280% per annum |
|
(4) |
Cost (Issue value) |
100 yen per par value of 100 yen |
|
(5) |
Subscriber yield |
0.280% per annum |
|
(6) |
Period (payback date) |
10 years (January 25, 2030) |
|
(7) |
Payback schedule |
Lump-sum payment at end of period |
|
(8) |
Interest disbursements |
January 25 and July 25 of each year |
|
(9) |
Payment receipt date (Issue date) |
January 23, 2020 |
|
(10) |
Subscription accepted from |
January 16, 2020 |
|
(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: Nomura Securities Co., Ltd., Daiwa Securities Co., Ltd., Mizuho Securities Co., Ltd., Tokai Tokyo Securities Co., Ltd. |
|
(16) |
Depository |
Japan Securities Depository Center, Inc. |
2 538th 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 (January 25, 2040) |
|
(7) |
Payback schedule |
Lump-sum payment at end of period |
|
(8) |
Interest disbursements |
January 25 and July 25 of each year |
|
(9) |
Payment receipt date (Issue date) |
January 23, 2020 |
|
(10) |
Subscription accepted from |
January 16, 2020 |
|
(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: Daiwa Securities Co., Ltd., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., |
|
(16) |
Depository |
Japan Securities Depository Center, Inc. |