Kawasaki’s First Sustainability Bond Terms and Conditions Determined

Jul. 09, 2021

Kawasaki Heavy Industries, Ltd. (hereinafter “Kawasaki”) announced today that following the news release on June 15, 2021 regarding the issuance of its first Sustainability Bond*1 (hereinafter “the Bond”), the terms and conditions of the Bond has been determined as follows. Starting with the issuance of the Bond, Kawasaki will accelerate its financing activities by sustainable finance*2. Through these activities, Kawasaki aims to realize the Group Vision 2030*3, which was set last year as the company’s future vision for 2030 and will contribute to the achievement of a sustainable future society.

1. Summary of the Bond

Company Kawasaki Heavy Industries, Ltd.
Tenor 10 years
Amount 10 Billion Yen
Interest Rate 0.30%
Date of Issuance July 15, 2021
Date of Redemption July 15, 2031
Underwriters Mizuho Securities Co., Ltd., Nomura Securities Co., Ltd., SMBC Nikko Securities Inc., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Structuring Agent Mizuho Securities Co., Ltd.

*1    Bonds issued to raise funds specifically for projects that contribute to environmental and social sustainability.
*2    A general term for financing by companies and businesses that contribute to environmental and social sustainability, such as sustainability bonds and/or sustainability-linked bonds.
*3    Details of “Group Vision 2030”
URL: https://global.kawasaki.com/en/corp/ir/library/other_presen.html


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