The Gunma Bank, Ltd. 7th Issuance of Basel Ⅲ-compliant Subordinated Bonds (Sustainability Bond)
7th 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 September 27, 2027): 0.95% per annum (ii) thereafter: 6-month JPY TIBOR plus 0.58% |
| 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 and new expenses that meet following Green / Social projects. <Green Projects> a. Energy efficiency b. Clean transportation c. Green buildings d. Renewable energy <Social Projects> a. Maintenance and generation of employment b. Support for revitalization and sustainability of regional economies c. Support for reconstruction and recovery from disasters d. Support for medical and welfare services |
Please see below for the details on this Bond.
Reporting
| Date | Reporting | Second party opinion |
| June 30,2023 |
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