Chubu Electric Power : Issuing 568th Corporate Bonds "Third Chubu Electric Power Green Bonds" and 569th Corporate Bonds

Press Release

Issuing 568th Corporate Bonds "Third Chubu Electric Power Green Bonds" and 569th Corporate Bonds

May 16, 2024
Chubu Electric Power Co.,Inc.

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Chubu Electric Power has decided to 568th corporate bonds "third chubu electric power green bonds"(*) and 569th corporate bonds, the offering period of which has begun today.

The following is an overview of issue conditions.

(*) From the standpoint of promoting initiatives to realize a carbon-free society and diversify financing, third chubu electric power green bonds limits use of procured financing to development of renewable energies and other environmental improvement projects.

Details

1 568th Corporate Bonds "Third Chubu Electric Power Green Bonds"

1	Amount issued	10 billion yen
2	Denominations	1 million yen
3	Coupon rate	1.214% per annum
4	Cost (Issue value)	100 yen per par value of 100 yen
5	Subscriber yield	1.214% per annum
6	Period (payback date)	10 years (May 25, 2034)
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)	May 22, 2024
10	Subscription accepted from	May 16, 2024
11	Subscription procedure	Public offering
12	Purpose for funds	Development, construction, administration and maintenance of renewable energy facilities
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 three lead companies: Mitsubishi UFJ Morgan Stanley Securities Co.,Ltd., Mizuho Securities Co., Ltd., Shinkin Securities Co.,Ltd.
16	Depository	Japan Securities Depository Center, Inc.

2 569th Corporate Bonds

1	Amount issued	8 billion yen
2	Denominations	1 million yen
3	Coupon rate	1.987% per annum
4	Cost (Issue value)	100 yen per par value of 100 yen
5	Subscriber yield	1.987% per annum
6	Period (payback date)	20 years (May 25, 2044)
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)	May 22, 2024
10	Subscription accepted from	May 16, 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: Mizuho Securities Co., Ltd. Nomura Securities Co.,Ltd., Tokai Tokyo Securities Co., Ltd., Mitsubishi UFJ Morgan Stanley Securities Co.,Ltd.
16	Depository	Japan Securities Depository Center, Inc.

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