{"id":73572,"date":"2018-09-17T02:00:00","date_gmt":"2018-09-17T00:00:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/nomura-leads-first-green-bond-offering-in-japanese-manufacturing-industry\/"},"modified":"2018-09-17T02:00:00","modified_gmt":"2018-09-17T00:00:00","slug":"nomura-leads-first-green-bond-offering-in-japanese-manufacturing-industry","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/nomura-leads-first-green-bond-offering-in-japanese-manufacturing-industry\/","title":{"rendered":"Nomura Leads First Green Bond Offering in Japanese Manufacturing Industry"},"content":{"rendered":"<p>Hitachi Zosen\u2019s core businesses center on the environmental fields of energy and water.<br \/>\nThrough its energy-from-waste business, and the promotion of renewable energy<br \/>\ntechnologies such as wind energy and biomass power generation, the company aims to<br \/>\ncontribute to a recycling-oriented society.<\/p>\n<p>Hitachi Zosen is a global leader in the energy-from-waste plant business. Energy-from-waste<br \/>\nplants allow for the hygienic treatment of waste, and the energy generated during the<br \/>\ntreatment process is used to provide electric power. The company boasts a track record of<br \/>\n900 plant deliveries mainly in Japan, Asia and Europe.<\/p>\n<p>The proceeds from the offering will be used as operating expenses, to purchase materials for<br \/>\nenergy-from-waste plants that offer reduced carbon dioxide emissions. The offering is<br \/>\nintended to diversify Hitachi Zosen\u2019s funding sources and help the company implement more<br \/>\nenvironmentally-friendly facilities.<\/p>\n<p>To ensure the eligibility and transparency of the green bond offering, and to make the bonds<br \/>\nmore appealing to investors, Hitachi Zosen has received a second-party opinion from DNV<br \/>\nGL Business Assurance Japan, a leading international risk management firm. Hitachi<br \/>\nZosen\u2019s green bonds are eligible for subsidies under the Japanese Ministry of Environment\u2019s<br \/>\n<em>\u201cFinancial Support Programme for Green Bond Issuance[[The program grants subsidies to companies, municipalities and other organizations to help with expenses for external<br \/>\nreviews, and consultation for establishing a green bond framework. ]]\n.\u201d<\/em><\/p>\n<p>ESG investing has become widespread in recent years. As part of this, the issuance of green<br \/>\nbonds, social bonds that target improved social outcomes and sustainability bonds used for<br \/>\nboth social and green projects, has been attracting attention globally as a measure to<br \/>\naddress environmental problems.<\/p>\n<p>By underwriting these types of bonds, Nomura aims to support the further development of<br \/>\nthe ESG bond market in Japan, and serve as a bridge between investors who want to<br \/>\ncontribute to society and projects with capital needs that aim to resolve social issues such as<br \/>\nclimate change and water.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nomura Securities Co., Ltd., a wholly owned subsidiary of Nomura Holdings, Inc., announced that it has priced a three-year Green Bond[[Green bonds are any type of bond instrument where the proceeds will be exclusively applied to finance eligible Green<br \/>\nProjects. Hitachi Zosen\u2019s green bonds have received a Second-Party Opinion from DNV GL Business Assurance Japan, a<br \/>\nleading international risk management firm, to ensure eligibility of the bonds as green bonds as stated by the International<br \/>\nCapital Market Association.]] issue valued at 5 billion yen for Hitachi Zosen Corporation. Nomura acted as bookrunner for the offering, which was the first such offering by a Japanese manufacturer.<\/p>\n","protected":false},"author":20,"featured_media":73570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1856,1859,1849,1671,1826,1682,1681,1651,1437,2103,1952,1685,1787],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/73572"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=73572"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/73572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/73570"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=73572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=73572"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=73572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}