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Published on 11/16/2021 in the Prospect News Green Finance Daily.

New Issue: Mirai sells ¥1.2 billion 0.7% 10-year green bonds

By Wendy Van Sickle

Columbus, Ohio, Nov. 16 – Mirai Corp. will issue ¥1.2 billion of 0.7% 10-year green bonds, according to a notice.

The company approved the issuance on Oct. 28, and the subscription period was Tuesday.

Mizuho Securities Co., Ltd., SMBC Nikko Securities Inc. and Okasan Securities Co., Ltd. are the underwriters.

Proceeds will be used within the company’s green-finance framework.

The Tokyo-based real estate investment trust invests in office and commercial buildings and hotels.

Issuer:Mirai Corp.
Issue:Green bonds
Amount:¥1.2 billion
Maturity:Nov. 28, 2031
Underwriters:Mizuho Securities Co., Ltd., SMBC Nikko Securities Inc. and Okasan Securities Co., Ltd.
Coupon:0.7%
Call option:At any time unless otherwise specified by Japan Securities Depository Center
Settlement date:Nov. 30
Rating:Japan Credit Rating Agency: A+

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