Tokyo Electric Power Company (the "Company") hereby notifies all interested
parties that the Company has decided the following outline of issuance of
its 525th domestic straight corporate bond. The terms of the issues are as
follows:
[Outline of Issue]
1. Name of the bond Tokyo Electric Power Company
525th Domestic Straight Corporate Bond
(with general mortgage)
2. Aggregate amount 50 billion yen
3. Date of issue March 28, 2007
4. Coupon rate 1.73%
5. Issue price 100 yen per par value of 100 yen
6. Mortgage General Mortgage
7. Interest payment date March 28 and September 28 every year
8. Redemption date March 28, 2017
(10-year period: bullet maturity)
9. Yield on the bond 1.73%
10. Denomination value 1 million yen
11. Schedule
Announcement date March 14, 2007 (Wednesday)
Offering period March 14, 2007 (Wednesday)
Payment due date March 28, 2007 (Wednesday)
12. Lead managing underwriter
Nomura Securities Co., Ltd
Mizuho Securities Co., Ltd.
Mitsubishi UFJ Securities Co., Ltd.
Please note that the above purports to be an accurate and complete
translation of the original Japanese version prepared for the convenience
of our English-speaking audience. However, in the case of any discrepancy
between the translation and the Japanese original, the latter shall prevail.
|