EBARA announced the following conditions for the issuance of the Sustainability Link Bond (the "Bond") announced on August 23, 2024.
Notice of Determination of Terms and Conditions for Issuance of Sustainability-Linked Bonds
Overview of corporate bonds
Name | EBARA Corporation 13th unsecured corporate bond (Bond with limited ranking agreement) (Sustainability Linked Bond) |
Total issuance amount | 10 billion yen |
Term | 10 years |
Interest rate | 1.468% per year |
Payment amount | 100 yen for every 100 yen of each bond |
Repayment amount | 100 yen for every 100 yen of each bond |
Payment due date | September 19, 2024 |
Repayment date | September 19, 2034 |
Payment date | March 19th and September 19th every year |
Recruitment method | General recruitment |
Structuring Agent * | Mizuho Securities Co., Ltd. |
Principal Securities Company | Mizuho Securities Co., Ltd., Nomura Securities Co., Ltd. |
Financial agent | Mizuho Bank Limited |
Bank transfer agency | Japan Securities Depository Center, Inc. |
Obtain rating | A (Rating and Investment Information, Inc.) |
KPI | GHG EMISSIONS (Scope1, 2) |
SPT | Reduce Scope 1+2 emissions in 2030 by 55% compared to 2018. |
Judgment Day | End of December 2031 |
Bond characteristics | If the SPT has not been achieved on the assessment date (including cases where achievement cannot be confirmed), we will (1) donate an amount equivalent to 0.1% of the bond issuance amount, or (2) purchase emission credits or certificates, by the time the bonds are redeemed. The specific details will be determined through necessary resolutions by the redemption date. (1) Donation Donations will be made to public interest incorporated associations, public interest incorporated foundations, international organizations, local government-certified NPOs, local governments, and equivalent groups and organizations involved in improving unmet SPT targets. (2) Purchase of emission credits or certificates Purchase emission rights (credits representing the value of CO2 reductions) or certificates (green power certificates, non-fossil certificates, I-RECs, etc.). |
The EBARA Group aims to achieve the Sustainable Development Goals (SDGs) and further enhance its corporate value by addressing key ESG issues based on its long-term vision and medium-term management plan.
※: Persons who support the issuance of SDGs through the development of frameworks and advice on obtaining external evaluations such as second-party opinions.
■ Reference
・Sustainability-linked finance frameworkopens in a new tab
- Filename
- 0911_Ebara_SLB_FW.pdf
- Size
- 2 MB
- Format
- application/pdf
・R&I Second Party Opinionopens in a new tab
- Filename
- 0911_Ebara_SLBFW_SPO.pdf
- Size
- 2 MB
- Format
- application/pdf