Chubu Electric Power : Issuing 566th Corporate Bonds and 567th Corporate Bonds

Press Release

Issuing 566th Corporate Bonds and 567th Corporate Bonds

April 04, 2024
Chubu Electric Power Co.,Inc.

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Chubu Electric Power has decided to 566th corporate bonds and 567th corporate bonds, the offering period of which has begun today.

The following is an overview of issue conditions.

Details

1 566th Corporate Bonds

1	Amount issued	35 billion yen
2	Denominations	1 million yen
3	Coupon rate	1.071% per annum
4	Cost (Issue value)	100 yen per par value of 100 yen
5	Subscriber yield	1.071% per annum
6	Period (payback date)	10 years (April 25, 2034)
7	Payback schedule	Lump-sum payment at end of period
8	Interest disbursements	April 25 and October 25 of each year
9	Payment receipt date (Issue date)	April 10, 2024
10	Subscription accepted from	April 4, 2024
11	Subscription procedure	Public offering
12	Purpose for funds	Equipment funding, payback of loans, payback of corporate bonds, 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., SMBC Nikko Securities Inc., Nomura Securities Co.,Ltd., Mizuho Securities Co., Ltd.
16	Depository	Japan Securities Depository Center, Inc.

2 567th Corporate Bonds

1	Amount issued	10 billion yen
2	Denominations	1 million yen
3	Coupon rate	1.789% per annum
4	Cost (Issue value)	100 yen per par value of 100 yen
5	Subscriber yield	1.789% per annum
6	Period (payback date)	20 years (April 25, 2044)
7	Payback schedule	Lump-sum payment at end of period
8	Interest disbursements	April 25 and October 25 of each year
9	Payment receipt date (Issue date)	April 10, 2024
10	Subscription accepted from	April 4, 2024
11	Subscription procedure	Public offering
12	Purpose for funds	Equipment funding, payback of loans, payback of corporate bonds, 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., Tokai Tokyo Securities Co., Ltd., SMBC Nikko Securities Inc.
16	Depository	Japan Securities Depository Center, Inc.

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