Nomura Securities Co., Ltd., a wholly owned subsidiary of Nomura
Holdings, Inc., today announced that it has priced five-year, seven-year, and ten-year social bond[[Social bonds are any type of bond instrument where the proceeds will be exclusively applied to finance eligible Social Projects.
Miraca Holdings has developed a Social Bond Framework that conforms to the 2018 Social Bond Principles by the International
Capital Market Association. ]] issues valued at 10 billion yen, 5 billion yen and 5 billion yen, respectively, for Miraca Holdings. Nomura acted as bookrunner and social bond structuring agent[[A social bond structuring agent supports the issuance of social bonds by advising issuers on the development of a framework and obtaining a second-party opinion.]] for the offering.
Miraca Holdings engages in corporate social responsibility (CSR) through its business activities
and signed the United Nations Global Compact[[The United Nations Global Compact is a voluntary effort by corporations and organizations to be good corporate citizens by exercising responsible, creative leadership and to build a global framework for sustainable growth.]] in March 2019. In addition, Miraca Holdings announced its mid-term plan “Transform! 2020” with the aim of further business development
and sustainable growth. Miraca Holdings established a group philosophy, which consists of a
corporate philosophy, vision, values and behavior, and will fulfill CSR through corporate activities
based on that philosophy.
The proceeds from the offering will be used to install equipment and IT systems in a planned
CLT laboratory, and research and development aimed at improving the quality of clinical tests
and technology innovation.
In January this year, Nomura issued the Nomura Group ESG Statement to further promote the
realization of a sustainable environment and society by informing stakeholders about the firm’s
approach to ESG-related activities and its response to environmental and social risks.
The United Nations’ Sustainable Development Goals (SDGs) have gained widespread
recognition in recent years. As part of this, green bonds aimed at addressing environmental
issues, social bonds that target social outcomes, and sustainability bonds used for both social
and green projects have been attracting attention globally.
By underwriting these types of bonds, Nomura aims to support the growth of the SDG bond
market in Japan, and serve as a bridge between investors who want to contribute to society and
projects with capital needs that aim to resolve social issues such as climate change. Nomura will
also work to contribute to economic and sustainable social development and promote initiatives
to achieve the SDGs.
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