Japan’s SOSiLA Logistics gears up to issue green bonds

Chicago, June 21 – SOSiLA Logistics REIT, Inc. revised its shelf registration statement to issue green bonds, according to a notice.

Japan Credit Rating Agency, Ltd. has assigned “Green 1 (F)” to the company’s green finance framework.

Proceeds will be used for the acquisition of existing or new assets of eligible green assets that are green buildings, a renovation of an existing building that improves CO2 emission, energy consumption or water consumption or improves the certification level by one rank, energy saving equipment or renewable energy acquisition or installation on the premises of a property.

The issuer is an investment corporation focused on advanced logistics facilities based in Japan.

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