Chubu Electric Power Incorporated : Issuing Domestic Corporate Straight Bonds (3-year, 30 billion yen and 5-year, 20 billion yen)

Press Release

Issuing Domestic Corporate Straight Bonds (3-year, 30 billion yen and 5-year, 20 billion yen)

December 02, 2021
Chubu Electric Power Co.,Inc.

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Chubu Electric Power has decided to issue 3-year (551st issue, worth 30 billion yen) and 5-year (552nd issue, 20 billion yen) domestic corporate straight bonds, the offering period of which has begun today.

The following is an overview of issue conditions.

Details

1 551st Corporate Bonds

1	Amount issued	30 billion yen
2	Denominations	1 million yen
3	Coupon rate	0.001% per annum
4	Cost (Issue value)	100.003 yen per par value of 100 yen
5	Subscriber yield	Approx. 0.000% per annum
6	Period (payback date)	3 years (December 25, 2024)
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)	December 08, 2021
10	Subscription accepted from	December 02, 2021
11	Subscription procedure	Public offering
12	Purpose for funds	Equipment funding, payback of loans, Loan fund for Chubu Electric Power Grid Co., Inc.
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: Mitsubishi UFJ Morgan Stanley Securities Co.,Ltd., Nomura Securities Co.,Ltd., Daiwa Securities Co., Ltd., Mizuho Securities Co., Ltd.
16	Depository	Japan Securities Depository Center, Inc.

2 552nd Corporate Bonds

1	Amount issued	20 billion yen
2	Denominations	1 million yen
3	Coupon rate	0.150% per annum
4	Cost (Issue value)	100 yen per par value of 100 yen
5	Subscriber yield	0.150% per annum
6	Period (payback date)	5 years (December 25, 2026)
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)	December 08, 2021
10	Subscription accepted from	December 02, 2021
11	Subscription procedure	Public offering
12	Purpose for funds	Equipment funding, payback of loans, Loan fund for Chubu Electric Power Grid Co., Inc.
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: Daiwa Securities Co., Ltd., Nomura Securities Co.,Ltd., Mizuho Securities Co., Ltd., Tokai Tokyo Securities Co., Ltd.
16	Depository	Japan Securities Depository Center, Inc.

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