Chubu Electric has decided to issue 10-year (504st issue, worth 10 billion yen) and 15-year (505st 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 504st Corporate Bonds 1. Amount issued10 billion yen
2. Denominations1 million yen
3. Coupon rate0.694% annually
4. Cost (Issue value)100 yen per par value of 100 yen
5. Subscriber yield0.694% annually
6. Period (payback date)10 years (August 25, 2025)
7. Payback scheduleLump-sum payment at end of period
8. Interest disbursementsFebruary 25 and August 25 of each year
9. Payment receipt date (Issue date)August 12, 2015
10. Subscriptions accepted fromAugust 6, 2015
11. Subscription procedurePublic offering
12. Purpose of fundsEquipment funding, payback of loans, payback of corporate bonds
13. SecurityOrdinary security under Electric Utility Law
14. Bond administratorsSumitomo Mitsui Banking Corporation (Lead), Mizuho Bank, Ltd. and Bank of Tokyo-Mitsubishi UFJ, Ltd.
15. UnderwritersAn underwriting group of four companies, jointly managed bySMBC Nikko Securities Inc. , Nomura Securities Co., Ltd. ,Daiwa Securities Co. Ltd.and Shinkin Securities Co.,Ltd.
16. Transfer organizationJapan Securities Depository Center, Inc.
1 505st Corporate Bonds 1. Amount issued10 billion yen
2. Denominations1 million yen
3. Coupon rate1.128% annually
4. Cost (Issue value)100 yen per par value of 100 yen
5. Subscriber yield1.128% annually
6. Period (payback date)15 years (August 23, 2030)
7. Payback scheduleLump-sum payment at end of period
8. Interest disbursementsFebruary 25 and August 25 of each year
9. Payment receipt date (Issue date)August 12, 2015
10. Subscriptions accepted fromAugust 6, 2015
11. Subscription procedurePublic offering
12. Purpose of fundsEquipment funding, payback of loans, payback of corporate bonds
13. SecurityOrdinary security under Electric Utility Law
14. Bond administratorsSumitomo Mitsui Banking Corporation (Lead), Mizuho Bank, Ltd. and Bank of Tokyo-Mitsubishi UFJ, Ltd.
15. UnderwritersAn underwriting group of four companies, jointly managed bySMBC Nikko Securities Inc. , Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.,Mizuho Securities Co., Ltd. and Tokai Tokyo Securities Co.,Ltd.
16. Transfer organizationJapan Securities Depository Center, Inc.
distributed by |