Meiji Holdings revises shelf registration for sustainability bonds

Chicago, March 15 – Meiji Holdings Co., Ltd. has revised its shelf registration statement for its 10th series of corporate bonds, which will be issued based on the company’s sustainability finance framework announced in January, according to a notice.

The company plans on offering ¥10 billion of five-year notes in April.

Mizuho Securities Co., Ltd. and Daiwa Securities Co., Ltd. are the lead managers.

The structuring agent is Mizuho.

Proceeds will be used for:

• Sustainable cocoa bean procurement;

• Supporting cocoa farmers;

• Energy efficiency and energy creation at domestic and overseas plans;

• Securing and conserving domestic and overseas marine resources;

• Switching to environmentally friendly packaging, i.e. paper instead of plastic;

• Local biodiversity conservation activities;

• Capital investments and research and development initiatives related to infant nutrition;

• Research and development and capital investments in infectious disease prevention;

• Research and development related to extending healthy lifespans; and

• Activities contributing to the fostering of future generations.

Tokyo’s Meiji Holdings is a Japanese confectioner and maker of milk and dairy products.

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