Social Bonds
Issuance of Social Bonds
To contribute toward the creation of social value, the Company has submitted the Amended Shelf Registration Statement for the issuance of social bonds, which will procure funds for the construction and operation of a new distribution center in Tsukuba City, Ibaraki Prefecture, and buildings for the production of pharmaceuticals in Ota City, Gunma Prefecture.
Overview of the Bonds
| Name of bonds | 1st series of unsecured bonds of Alfresa Holdings Corporation(with limited inter-bond pari passu clause) (social bonds) |
|---|---|
| Total issue amount | ￥20 billion |
| Amount of each bond | ￥100 million |
| Interest rate | 0.827% |
| Redemption price | ￥100 per ￥100 of each bond |
| Payment date | December 14, 2023 |
| Maturity date | December 14, 2028 |
| Interest payment dates | June 14 and December 14 of each year |
| Collateral | These bonds are unsecured and carry no guarantees. |
| Financial covenants | Negative pledge clause attached |
| Method of offering | Public offering |
| Fiscal agent | MUFG Bank, Ltd. |
| Book-entry transfer institution | Japan Securities Depository Center, Inc. |
| Lead underwriters | Daiwa Securities Co., Ltd. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. |
| Use of proceeds | The proceeds will be used for new investments toward the eligible projects determined under the social bond framework.
① Construction and operation of a new distribution center in Tsukuba City, Ibaraki Prefecture ② Construction and operation of buildings for the production of pharmaceuticals in Ota City, Gunma Prefecture |
| Rating | A+ (Rating and Investment Information, Inc.) |
| Structuring agent*1 | Daiwa Securities Co., Ltd. |
*1 An entity that supports the issuance of SDGs-related bonds by providing advice on developing frameworks and on obtaining second opinions and other external evaluations
ALFRESA HOLDINGS CORPORATION Social Bond Framework
The social bond framework for the issuance of social bonds was developed in accordance with the 2023 Social Bond Principles (SBP) of the International Capital Market Association (ICMA) and the 2021 Social Bond Guidelines (SBG) of the Financial Services Agency (FSA).