CHUBU ELECTRIC POWER CO., INC Chubu Electric has decided to issue 10-year (511th issue, worth 20 billion yen) and 20-year (512th issue, worth 10 billion yen) domestic corporate straight bonds and has begun accepting applications today.
The following is an overview of issue conditions.
Details
1 511th Corporate Bonds
1. Amount issued
20 billion yen
2. Denominations
1 million yen
3. Coupon rate
0.210% annually
4. Cost (Issue value)
100 yen per par value of 100 yen
5. Subscriber yield
0.210% annually
6. Period (payback date)
10 years (July 24, 2026)
7. Payback schedule
Lump-sum payment at end of period
8. Interest disbursements
January 25 and July 25 of each year
9. Payment receipt date (Issue date)
July 15, 2016
10. Subscriptions accepted from
July 8, 2016
11. Subscription procedure
Public offering
12. Purpose of funds
Equipment funding, payback of loans, payback of corporate bonds
13. Security
Ordinary security under Electric Utility Law
14. Bond administrators
Sumitomo Mitsui Banking Corporation (Lead), Mizuho Bank, Ltd. and Bank of Tokyo-Mitsubishi UFJ, Ltd.
15. Underwriters
An underwriting group of four companies, jointly managed by Daiwa Securities Co., Ltd. , Nomura Securities Co., Ltd. , Mizuho Securities Co.,Ltd. and Tokai Tokyo Securities Co.,Ltd.
16. Transfer organization
Japan Securities Depository Center, Inc.
2 512th Corporate Bonds
1. Amount issued
10 billion yen
2. Denominations
1 million yen
3. Coupon rate
0.435% annually
4. Cost (Issue value)
100 yen per par value of 100 yen
5. Subscriber yield
0.435% annually
6. Period (payback date)
20 years (July 25, 2036)
7. Payback schedule
Lump-sum payment at end of period
8. Interest disbursements
January 25 and July 25 of each year
9. Payment receipt date (Issue date)
July 15, 2016
10. Subscriptions accepted from
July 8, 2016
11. Subscription procedure
Public offering
12. Purpose of funds
Equipment funding, payback of loans, payback of corporate bonds
13. Security
Ordinary security under Electric Utility Law
14. Bond administrators
Sumitomo Mitsui Banking Corporation (Lead), Mizuho Bank, Ltd. and Bank of Tokyo-Mitsubishi UFJ, Ltd.
15. Underwriters
An underwriting group of four companies, jointly managed by Daiwa Securities Co., Ltd. , SMBC Nikko Securities Inc., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., and Shinkin Securities Co.,Ltd.
16. Transfer organization
Japan Securities Depository Center, Inc.
Chubu Electric Power Co. Inc. published this content on 08 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 July 2016 05:15:09 UTC.
Original documenthttp://www.chuden.co.jp/english/corporate/ecor_releases/erel_pressreleases/3260850_18939.html
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