New Issue: SOSiLA Logistics REIT sells ¥1.6 billion of 0.4% green bonds due 2027

By Devika Patel

Knoxville, Tenn., July 1 – SOSiLA Logistics REIT, Inc. priced ¥1.6 billion of 0.4% five-year green bonds (Japan Credit Rating Agency: AA-) at par of ¥100 on Friday, according to a press release.

Mitsubishi UFJ Morgan Stanley Securities Co. Ltd., Mizuho Securities Co. Ltd., Daiwa Securities Co. Ltd. and Nomura Securities Co. Ltd. were the underwriters.

Aoi Mori Shinkin Bank, Osaka Shoko Shinkin Bank, Koito Manufacturing Co., Ltd., the Kita Osaka Shinkin Bank, the Fuji Shinkin Bank and Ryobi Shinkumi Bank were among the investors.

Proceeds will be used to prepay short-term borrowings maturing on March 31, 2023.

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

Issuer:	SOSiLA Logistics REIT, Inc.
Amount:	¥1.6 billion
Issue:	Green bonds
Maturity:	July 7, 2027
Underwriters:	Mitsubishi UFJ Morgan Stanley Securities Co. Ltd., Mizuho Securities Co. Ltd., Daiwa Securities Co. Ltd. and Nomura Securities Co. Ltd.
Investors:	Aoi Mori Shinkin Bank, Osaka Shoko Shinkin Bank, Koito Manufacturing Co., Ltd., the Kita Osaka Shinkin Bank, the Fuji Shinkin Bank and Ryobi Shinkumi Bank
Coupon:	0.4%
Price:	Par of ¥100
Pricing date:	July 1
Settlement date:	July 7
Rating:	Japan Credit Rating Agency: AA-

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.