Tokyo Electric Power Company (the "Company") hereby notifies all
interested parties that the Company has decided the following outline
of issuance of its 526th domestic straight corporate bond. The terms
of the issues are as follows:
[Outline of Issue]
1. Name of the bond Tokyo Electric Power Company 526th
Domestic Straight Corporate Bond
(with general mortgage)
2. Aggregate amount 50 billion yen
3. Date of issue May 31, 2007
4. Coupon rate 1.78%
5. Issue price 100 yen per par value of 100 yen
6. Mortgage General Mortgage
7. Interest payment date May 31 and November 30 every year
8. Redemption date May 31, 2017
(10-year period: bullet maturity)
9. Yield on the bond 1.78%
10. Denomination value 1 million yen
11. Schedule
Announcement date May 17, 2007 (Thursday)
Offering period May 17, 2007 (Thursday)
Payment due date May 31, 2007 (Thursday)
12. Lead managing underwriter
Daiwa Securities SMBC Co. Ltd.
Nikko Citigroup Limited
UBS Securities Japan 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.
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