Announced details
JERA Group's domestic power-generation business, decarbonization and transition finance
If the SPT is not achieved, a donation equivalent to 0.10% of the issue amount will be made.
Daiwa Securities, a subsidiary of Daiwa Securities Group Inc., served as Structuring Agent and administrative lead manager for the bonds issued by JERA.
An energy company with one of Japan's largest power-generation platforms and one of the world's largest fuel-handling volumes. Its mission is “To provide cutting-edge solutions to the world's energy challenges.”
5-year term
¥100 per ¥100 face value of each bond
The company does not address Contract Value / Impact on Business Performance.
The International Capital Market Association (ICMA)'s “Climate Transition Finance Handbook”; a Second-Party Opinion from DNV Business Assurance Japan Co., Ltd.
| Item | Details |
|---|---|
| Names of Products / Services Covered | JERA 36th Unsecured Corporate Bond (Transition-Linked Bond) |
| Counterparty | JERA Co., Inc. |
| Counterparty overview | An energy company with one of Japan's largest power-generation platforms and one of the world's largest fuel-handling volumes. Its mission is “To provide cutting-edge solutions to the world's energy challenges.” |
| Relationship with the Company | Daiwa Securities, a subsidiary of Daiwa Securities Group Inc., served as Structuring Agent and administrative lead manager for the bonds issued by JERA. |
| Offering price | ¥100 per ¥100 face value of each bond |
| Launch date | Scheduled payment date: 28 October 2026 |
| Applicable area | JERA Group's domestic power-generation business, decarbonization and transition finance |
| Location scale | 5-year term |
| Quantitative Effects | If the SPT is not achieved, a donation equivalent to 0.10% of the issue amount will be made. |
| Source | The International Capital Market Association (ICMA)'s “Climate Transition Finance Handbook”; a Second-Party Opinion from DNV Business Assurance Japan Co., Ltd. |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.JERA will carry out green and transition projects using funds raised through sustainable finance and other sources, supporting Japan's achievement of carbon neutrality and a decarbonized society. Daiwa Securities stated that it aims to help create a prosperous future and enhance corporate value through the financial and capital markets.