The Gunma Bank, Ltd. 5th Issuance of Basel Ⅲ-compliant Subordinated Bonds (Green Bond)

5th Issuance of Basel Ⅲ-compliant Subordinated Bonds(Green Bond)

Overview

1.Issuance amount 10 billion yen
2.Interest rate (i) For the first five years (until November 26, 2024): 0.37% per annum
(ii) thereafter: 6-month Euro-yen LIBOR plus 0.42%
3.Term 10 years (with Early Redemption Clause)
4.Use of proceeds Funds raised from the issuing of this bond shall be appropriated to new or existing loan that meet following eligibility criteria.

a. Renewable energy
b. Green private placement bonds
c. Energy efficiency
d. Clean transportation
e. Green buildings

Please see below for the details on this Bond.

Reporting
Date Reporting Second party opinion
September 30,2020
September 30,2021
September 30,2022
September 30,2023