Plans to issue a new 80 billion yen public offer hybrid bonds, using the funds to prepay the existing 80 billion yen hybrid loan. The issuance conditions are scheduled to be decided in late July, with redemption maturity undetermined (37 years later), and an initial optional redemption date to be set. The joint lead underwriters will be four banks.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9509","jir_company_name":"Hokkaido Electric Power Company, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-06-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/06\/9509-20260629-01.pdf","jir_short_summary":"Plans to issue a new 80 billion yen public offer hybrid bonds, using the funds to prepay the existing 80 billion yen hybrid loan. The issuance conditions are scheduled to be decided in late July, with redemption maturity undetermined (37 years later), and an initial optional redemption date to be set. The joint lead underwriters will be four banks.","jir_summary":"### Section Heading\nHokkaido Electric Power announced that it will issue a new public offer hybrid bond to enhance financial stability. The 80 billion yen bond is scheduled to be used to prepay the existing hybrid loan of the same amount before maturity. The bonds have features that, while bearing debt characteristics, exhibit qualities similar to equity, including optional deferred interest, ultra-long maturity, and subordination. Four companies will serve as joint lead underwriters, with the specific conditions and payment dates to be announced later.\n\n### Section 2 Heading\nThe issuance of these public offer hybrid bonds is part of its capital policy aimed at stabilizing the financial base. The issuance conditions are scheduled to be announced after the decision date. The prepayment of the existing hybrid loan (80 billion yen) will strengthen the company's financial structure. Flexibility is planned regarding redemption dates, including an initial optional redemption after about 7 years, based on future market conditions and demand.","jir_financial_highlights":"Total bond amount: 80 billion yen (Unknown)\nRedemption maturity: Undetermined (37 years later) (Unknown)\nInitial optional redemption date: Undetermined, after 7 years (Unknown)","jir_category":"","jir_hashtags":"#HokkaidoElectric, #CapitalPolicy, #PublicOfferingBonds","jir_key_figures":"Total bond amount: 80 billion yen\nCondition decision date: late July 2026\nPayment date: three business days after the condition decision date\nRedemption maturity: undetermined (37 years later)\nInitial optional redemption date: undetermined (after 7 years)","jir_meta_title":"\u3010Hokkaido Electric\u3011 Decision to Issue Public Offer Hybrid Bonds | Funding to Strengthen Financial Base","jir_meta_description":"Hokkaido Electric Power plans to issue a new 80 billion yen public offer hybrid bond, prepaying the existing hybrid loan to stabilize its financial foundation. The initial optional redemption is scheduled after 7 years, with a maturity of 37 years.","jir_og_title":"Hokkaido Electric Power Decides to Issue Public Offer Hybrid Bonds","jir_og_description":"Hokkaido Electric Power plans to strengthen its financial base by issuing a new 80 billion yen public offer hybrid bond. Maturity is undetermined, with the initial optional redemption scheduled after 7 years. The offering will be underwritten by four lead managers.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8896,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-71999","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n