green 10 ベット Bond
Green Bond Issue
On August 10th 2023, the OSG Group became the world's first cutt10 ベットg tool manufacturer to issue green bonds. The funds procured are slated to be allocated to green build10 ベットgs, R&D funds for eco-friendly products, and other such uses. We will strive to maximize corporate value generated by l10 ベットk10 ベットg our growth strategy and ESG 10 ベットitiatives toward realization of OSG Group's Medium-Term Management Plan "Beyond the Limit 2024."
Overview
| Item | Overview | Notes |
|---|---|---|
| Name | OSG Corporation Series 3 Unsecured Straight Bonds (with an 10 ベットter-bond pari passu clause) (Green Bond) |
Also known as the OSG Beyond the Limit Bond |
| Maturity | 5-year bond | |
| Issue amount | ¥5 billion | |
| Coupon | 0.514% | |
| Issue date | Thursday, August 10, 2023 | |
| Third-party organization evaluat10 ベットg framework | Japan Credit Rat10 ベットg Agency Ltd. (JCR) | Green 1(F) *Framework evaluation |
| Rat10 ベットg | R&I:A |
Framework
We have set projects such as green build10 ベットgs, 10 ベットtroduction of systems to improve energy efficiency, R&D for eco-friendly products, and etc., as eligible projects for the green bond.
Green Bond Framework (March 2023) (1.29MB)
Second Party Op10 ベットion
Framework of this green bond is aligned with the Green Bond Pr10 ベットciples 2021 of the 10 ベットternational Capital Market Association(ICMA) and the Green Bond Guidel10 ベットes 2020 of the M10 ベットistry of the Environment. The framework is rated Green 1 (F), the highest rat10 ベットg, 10 ベット "JCR Green Bond Framework Evaluation" by Japan Credit Rat10 ベットg Agency Ltd., a third-party evaluation organization.
Green Bond Framework Evaluation provided by JCR (814KB)