By Wendy Van Sickle
Columbus, Ohio, Sept. 9 – Global One Real Estate Investment Corp. priced ¥3 billion of 0.5% five-year corporate green bonds (Japan Credit Rating Agency, Ltd.: AA-) at par on Friday, according to a notice.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. and Nomura Securities Co., Ltd. were the underwriters.
The bonds may be repurchased and canceled at any time.
Proceeds will be used to redeem the issuer’s ¥3 billion of series 10 bonds due on Sept. 28, which were issued to refinance funds for the acquisition of Rakuten Crimson House Aoyama, an asset that meets green-eligibility criteria.
The real estate investment trust is based in Japan.
| Issuer: | Global One Real Estate Investment Corp.
|
| Issue: | Corporate green bonds
|
| Amount: | ¥3 billion
|
| Maturity: | Sept. 27, 2027
|
| Coupon: | 0.5%
|
| Price: | Par
|
| Yield: | 0.5%
|
| Call option: | At any time
|
| Rating: | Japan Credit Rating Agency, Ltd.: AA-
|
| Pricing date: | Sept. 9
|
| Settlement date: | Sept. 27
|
© 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.
