The Gunma Bank, Ltd. 6th Issuance of Basel Ⅲ-compliant Subordinated Bonds (Sustainability Bond)

6th Issuance of Basel Ⅲ-compliant Subordinated Bonds (Sustainability Bond)

Overview

1.Issuance amount 10 billion yen
2.Interest rate (i) For the first five years (until October 29, 2026): 0.49% per annum
(ii) thereafter: 6-month JPY TIBOR plus 0.33%
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 investments / loans that meet following Green / Social projects.

<Green Projects>
① Renewable energy
② Energy efficiency
③ Clean transportation
④ Green buildings

<Social Projects>
① Maintenance and generation of employment
② Support for reconstruction and recovery from disasters
③ Support for revitalization and sustainability of regional economies
④ Support for medical and welfare services

Please see below for the details on this Bond.

Reporting
Date Reporting Second party opinion
June 30,2022
June 30,2023