News Release

Nomura Acts as Bookrunner on Social Bond Offering for Miraca

Holdings

Tokyo, October 18, 2019-Nomura Securities Co., Ltd., a wholly owned subsidiary of Nomura Holdings, Inc., today announced that it has priced five-year,seven-year, and ten-year social bond1 issues valued at 10 billion yen, 5 billion yen and 5 billion yen, respectively, for Miraca Holdings. Nomura acted as bookrunner and social bond structuring agent2 for the offering.

Miraca Holdings engages in corporate social responsibility (CSR) through its business activities and signed the United Nations Global Compact3 in March 2019. In addition, Miraca Holdings announced its mid-term plan "Transform! 2020" with the aim of further business development and sustainable growth. Miraca Holdings established a group philosophy, which consists of a corporate philosophy, vision, values and behavior, and will fulfill CSR through corporate activities based on that philosophy.

The proceeds from the offering will be used to install equipment and IT systems in a planned CLT laboratory, and research and development aimed at improving the quality of clinical tests and technology innovation.

In January this year, Nomura issued the Nomura Group ESG Statement to further promote the realization of a sustainable environment and society by informing stakeholders about the firm's approach to ESG-related activities and its response to environmental and social risks.

The United Nations' Sustainable Development Goals (SDGs) have gained widespread recognition in recent years. As part of this, green bonds aimed at addressing environmental issues, social bonds that target social outcomes, and sustainability bonds used for both social and green projects have been attracting attention globally.

By underwriting these types of bonds, Nomura aims to support the growth of the SDG bond market in Japan, and serve as a bridge between investors who want to contribute to society and projects with capital needs that aim to resolve social issues such as climate change. Nomura will also work to contribute to economic and sustainable social development and promote initiatives to achieve the SDGs.

ends

  1. Social bonds are any type of bond instrument where the proceeds will be exclusively applied to finance eligible Social Projects. Miraca Holdings has developed a Social Bond Framework that conforms to the 2018 Social Bond Principles by the International Capital Market Association.
  2. A social bond structuring agent supports the issuance of social bonds by advising issuers on the development of a framework and obtaining a second-party opinion.
  3. The United Nations Global Compact is a voluntary effort by corporations and organizations to be good corporate citizens by exercising responsible, creative leadership and to build a global framework for sustainable growth.

Nomura

Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking), and Merchant Banking. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com/

Attachments

  • Original document
  • Permalink

Disclaimer

Nomura Holdings Inc. published this content on 18 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2019 06:28:04 UTC