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Kirin Holdings to price up to ¥15 billion five-year social bonds
By William Gullotti
Buffalo, N.Y., May 12 – Japan’s Kirin Holdings Co., Ltd. intends to offer up to ¥15 billion of five-year social bonds, according to a notice on Thursday.
The bonds are expected to be priced and issued in June.
Mitsubishi UFJ Morgan Stanley Securities co., Ltd., Nomura Securities Co., Ltd., Mizuho Securities Co., Ltd. and Goldman Sachs Japan Co., Ltd. are the lead managers for the offering.
Mitsubishi UFJ Morgan Stanley Securities co., Ltd. is also the structuring agent
Proceeds will be used for capital investment, operation and procurement of raw materials contributing to the production of human milk oligosaccharide, citicoline and LC-Plasma.
Founded and based in Japan, Kirin is a producer of beer, soft drinks, food products, whisky and pharmaceuticals.
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