花蜜直播app’s Green Bond Terms and Conditions Determined
Jul. 08, 2022
花蜜直播app, Ltd. announced today that following the news release on June 6, 2022 regarding the issuance of its Green Bond*1 (hereinafter “the Bond”), the terms and conditions of the Bond has been determined as follows. The funds raised from this issuance will be used for projects to build a clean hydrogen supply chain, and the company will work toward the realization of the coming hydrogen society through “Trustworthy Solutions for the Future”.
The company has set a sustainable finance target for 50% of its long-term debt in FY2030 and 100% in FY2050. By making active use of sustainable finance, they will accelerate their sustainability management initiatives to realize the Group Vision 2030*2 and strengthen their engagement with stakeholders to contribute to the achievement of the SDGs and a sustainable society.
1. Summary of the Bond
Company | 花蜜直播app, Ltd. |
Tenor | 10 years |
Amount | 9 Billion Yen |
Interest Rate | 0.789 % |
Date of Issuance | July 14, 2022 |
Date of Redemption | July 14, 2032 |
Underwriters | Nomura Securities Co., Ltd., Mizuho Securities Co., Ltd., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. |
*1 | Bonds issued to raise funds specifically for projects that contribute to solving environmental problems. |
*2 | Group Vision 2030 |