|
Name |
Mizuho Leasing’s 11th unsecured straight bond (with an inter-bond pari passu clause) (Green Bond) |
|
Application deadline |
December 10, 2021 |
|
Payment deadline |
December 17, 2021 |
|
Maturity |
5 years |
|
Issuance amount |
10 billion yen |
|
Coupon |
0.20% |
|
Use of proceeds |
Refinancing of the acquisition cost of the JNC Shirakawa Hydraulic Power Station, acquired through Mizuho Leasing’s wholly owned subsidiary, Shirakawa Water Power Leasing Y.K. |
|
Credit ratings |
A Rating and Investment Information, Inc. (R&I) |
Mizuho Leasing formulated a green bond framework (hereinafter referred to as “this framework”) that conforms with the Green Bond Principles 2021*~{1} published by the International Capital Market Association (ICMA), and the Green Bond Guidelines 2020*~{2} published by the Ministry of the Environment of Japan for the issuance of a green bond. We have obtained a second-party opinion from Rating and Investment Information, Inc., that this framework conforms to the Green Bond Principles 2021, and the Green Bond Guidelines 2021, as a third-party evaluation.
Obtaining a third-party evaluation of this green bond is covered by a subsidy from the 2021 Financial Support Programme for Green Bond Issuance.
The following investors have announced their interest and investment in this Green Bond:
＜List of investors who have committed to investing> (in the order of the Japanese syllabary) (as of December 10, 2021)
- JA Bank Shizuoka
- The Sugamo Shinkin Bank
- Daiichi Kensetsu Corporation
- The Dai-ichi Frontier Life Insurance Co., Ltd.
- Higashi-Nippon Bank, Ltd.
- The Fukuoka Chuo Bank, Ltd.
- Mitsubishi UFJ Trust and Banking Corporation
The entire proceeds of this Green Bond were allocated to refinancing the acquisition cost of the JNC Shirakawa Hydraulic Power Station, which was acquired through our wholly owned subsidiary, Shirakawa Water Power Leasing Y.K., on December 17, 2021.
The annual power generation of the assets is equivalent to the annual power consumption of about 13,900 average households, and when converted into the amount of CO₂ reduction, it has a reduction effect of 19,446 t-CO₂ per year. (As of December 10, 2021, theoretical value based on output specifications)
The positive environmental effect after the issuance of this green bond to finance targeted assets is as follows.
|
Month Year |
Power generatied（kWh） |
CO₂ reduction（t-CO₂） |
|
December 2021–March 2022 |
5,154,400 |
2,474 |
|
April 2022–March 2023 |
42,123,400 |
16,386 |
|
April 2023–March 2024 |
58,285,700 |
27,686 |
