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Published on 12/8/2023 in the Prospect News Green Finance Daily.

New Issue: Alfresa prices ¥20 billion 0.827% five-year social bonds

By Wendy Van Sickle

Columbus, Ohio, Dec. 8 – Alfresa Holdings Corp. priced ¥20 billion of 0.827% social bonds due Dec. 14, 2028 (Rating and Investment Information, Inc.: A+) in a public offering on Friday, according to a company notice.

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

Proceeds will be used for investments in eligible projects under the social bond framework, including construction and operation of a new distribution center in Tsukuba City, Ibaraki Prefecture and construction and operation of buildings for the production of pharmaceuticals in Ota City, Gunma Prefecture.

Based in Tokyo, Alfresa distributes prescription drugs, medical tests and devices and over-the-counter supplements on a wholesale basis in the Japanese market.

Issuer:Alfresa Holdings Corp.
Amount:¥20 billion
Issue:Social bonds
Maturity:Dec. 14, 2028
Lead underwriters:Daiwa Securities Co., Ltd. (structuring agent) and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Coupon:0.827%
Price:Par
Pricing date:Dec. 8
Settlement date:Dec. 14
Rating:Rating and Investment Information, Inc.: A+

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