Press Release
Issuing Domestic Corporate Straight Bonds (5-year, 20 billion yen and 20-year, 10 billion yen)
February 19, 2020
Chubu Electric Power Co.,Inc.
Chubu Electric Power has decided to issue 5-year (539th issue, worth 20 billion yen) and 20-year (540th 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 539th Corporate Bonds
(1) |
Amount issued |
20 billion yen |
(2) |
Denominations |
1 million yen |
(3) |
Coupon rate |
0.100% per annum |
(4) |
Cost (Issue value) |
100 yen per par value of 100 yen |
(5) |
Subscriber yield |
0.100% per annum |
(6) |
Period (payback date) |
5 years (February 25, 2025) |
(7) |
Payback schedule |
Lump-sum payment at end of period |
(8) |
Interest disbursements |
February 25 and August 25 of each year |
(9) |
Payment receipt date (Issue date) |
February 27, 2020 |
(10) |
Subscription accepted from |
February 19, 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: Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Daiwa Securities Co., Ltd., SMBC Nikko Securities Inc., Shinkin Securities Co., Ltd. |
(16) |
Depository |
Japan Securities Depository Center, Inc. |
2 540th Corporate Bonds
(1) |
Amount issued |
10 billion yen |
(2) |
Denominations |
1 million yen |
(3) |
Coupon rate |
0.530% per annum |
(4) |
Cost (Issue value) |
100 yen per par value of 100 yen |
(5) |
Subscriber yield |
0.530% per annum |
(6) |
Period (payback date) |
20 years (February 24, 2040) |
(7) |
Payback schedule |
Lump-sum payment at end of period |
(8) |
Interest disbursements |
February 25 and August 25 of each year |
(9) |
Payment receipt date (Issue date) |
February 27, 2020 |
(10) |
Subscription accepted from |
February 19, 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: Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., |
(16) |
Depository |
Japan Securities Depository Center, Inc. |