Chubu Electric Power Incorporated : Issuing 572nd Corporate Bonds
Published on 05/16/2025 at 03:16
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Press Release
Issuing 572nd Corporate Bonds
May 16, 2025
Chubu Electric Power Co.,Inc.
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Chubu Electric Power has decided to 572nd corporate bonds, the offering period of which has begun today.
The following is an overview of issue conditions.
Details
Chubu Electric Power Co., Inc. 572nd Unsecured Bonds (with pari passu clause among specified corporate bonds)
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Amount issued
4 billion yen
2
Denominations
1 million yen
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Coupon rate
2.755% per annum
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Cost (Issue value)
100 yen per par value of 100 yen
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Subscriber yield
2.755% per annum
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Period (payback date)
20 years (May 25, 2045)
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Payback schedule
Lump-sum payment at end of period
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Interest disbursements
May 25 and November 25 of each year
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Payment receipt date (Issue date)
May 22, 2025
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Subscription accepted from
May 16, 2025
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Subscription procedure
Public offering
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Purpose for funds
Equipment funding, investment and loan funds, payback of loans, payback of corporate bonds, Loan funds to subsidiaries
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Security
Unsecured
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Bond Administrators
Sumitomo Mitsui Banking Corporation (Lead),
Mizuho Bank, Ltd.,
MUFG Bank, Ltd.
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Underwriters
Jointly managed by an underwriting group of four lead companies:
Mizuho Securities Co., Ltd.,
Nomura Securities Co.,Ltd.,
Daiwa Securities Co., Ltd.,
Tokai Tokyo Securities Co., Ltd.
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Depository
Japan Securities Depository Center, Inc.
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Chubu Electric Power Co. Inc. published this content on May 16, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 16, 2025 at 07:15 UTC.
Chubu Electric Power Co Inc is a Japan-based company mainly engaged in a variety of businesses in its core area of energy business supplying electricity and gas, as well as overseas energy business, construction and manufacturing related to energy business, and real estate business. The Company operates in three business segments. The Mirise segment is engaged in the sale of electricity and gas and provides various services. The Power Grid segment provides power network services. The JERA segment is engaged in upstream and procurement of fuel, power generation, and sales of electricity and gas. The Company also operates businesses in renewable energy, business creation, global business, nuclear power, and administrative overhead.
