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Hankyu Hanshin REIT, Inc. ( (JP:8977) ) has provided an announcement.
Hankyu Hanshin REIT, Inc. has decided to issue two tranches of unsecured investment corporation bonds via private placement to qualified institutional investors: a ¥2 billion, five-year green bond (Seventh Series) with a variable rate linked to climate-related funding benchmarks, and a ¥1.3 billion, six-year fixed-rate bond (Eighth Series), both unsecured and unguaranteed, redeemable in 2030 and 2031 respectively. The REIT aims to diversify and expand its funding sources, enhance financial stability, and advance its sustainability strategy by issuing its first privately offered bonds and leveraging its Green Finance Framework, under which the green bond proceeds are tied to assets meeting specified environmental certification standards and have received the highest external eligibility assessment.
More about Hankyu Hanshin REIT, Inc.
Hankyu Hanshin REIT, Inc. is a Japanese real estate investment trust that raises funds from institutional investors to invest in income-producing properties, with a focus on maintaining financial stability and integrating sustainability into its financing portfolio through instruments such as green bonds.
Average Trading Volume: 1,724
Technical Sentiment Signal: Buy
Current Market Cap: Yen116B
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