Nomura : Leads Green Bond Offering for Japan Housing Finance Agency (PDF 27KB)

News Release

Nomura Leads Green Bond Offering for Japan Housing Finance

Agency

Tokyo, October 4, 2019-Nomura Securities Co., Ltd., a wholly owned subsidiary of Nomura Holdings, Inc., today announced that it has priced a ten-year Green Bond1 issue valued at 20 billion yen and a twenty-year Green Bond issue valued at 10 billion yen for the Japan Housing Finance Agency (JHF).The JHF Green Bond is aimed at mortgage loans for energy-efficient houses. Nomura acted as bookrunner for the offering.

JHF supports the stable provision of fixed-rate housing loans to help improve the living standards of people in Japan. JHF's products include Flat 35S, a mortgage loan which offers lower interest rates on energy-efficient and earthquake-resistant homes over a certain period of time.

The proceeds from the offering will be used for newly constructed Flat 35S-compliant houses that are exceptionally energy efficient. Through the offering, JHF aims to raise greater awareness of the initiatives in place for energy-efficient homes and further contribute to the promotion of quality housing stock.

The Nomura Group ESG Statement was published in January this year. The purpose of this statement is 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 envisaged 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.

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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

1 Green bonds are any type of bond instrument where the proceeds will be exclusively applied to finance eligible Green Projects. The JHF Green Bond has been selected for the "FY2018 Pilot Project for Green Bond Issuance" by Japan's Ministry of the Environment (MOE), and conforms with the MOE's 2017 Green Bond Guidelines.