Financing for Hydrogen Stations Through Green Bonds
First written in FY2022-Q2. 1 of 2 entries say "Achieved", first in FY2022-Q3. Latest entry: FY2022-Q3.
5 other companies' latest entry also says "Achieved".
- FY2022-Q3AchievedAnnual report
「This was due in part to a ¥10 billion increase in corporate bonds resulting from the issuance of green bonds.」
The disclosure states that the green bonds whose issuance was resolved in the previous quarter resulted in ¥10 billion of corporate bonds being recognized upon issuance. - FY2022-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 10 November 2021, we resolved to issue unsecured corporate bonds. 1. IWATANI CORPORATION First Series of Unsecured Bonds (with a limited pari passu covenant among specified bonds) (green bonds) (1) Total issue amount: ¥5 billion (4) Scheduled maturity: December 2028 or later (7-year bonds) (7) Use of proceeds: The proceeds are expected to be used in full to fund the development and construction of hydrogen supply facilities (hydrogen stations) for transport equipment, including fuel-cell vehicles (FCVs), trucks, buses and forklifts, and to repay borrowings made for those purposes. 2. IWATANI CORPORATION Second Series of Unsecured Bonds (with a limited pari passu covenant among specified bonds) (green bonds) (1) Total issue amount: ¥5 billion (4) Scheduled maturity: December 2031 or later (10-year bonds) (7) Use of proceeds: The proceeds are expected to be used in full to fund the development and construction of hydrogen supply facilities (hydrogen stations) for transport equipment, including fuel-cell vehicles (FCVs), trucks, buses and forklifts, and to repay borrowings made for those purposes.」
The disclosure of a decision to issue two green bonds totaling ¥10 billion as a material subsequent event after the filing, with plans to use all proceeds for hydrogen station development and construction and related purposes.