Tokyu Fudosan Holdings Corporation announced a private placement of 100,000,000 series 27 unsecured corporate ReENE green bonds (with inter-bond pari passu clause) at an issue price of ¥100 for gross ¥10,000,000,000 and 100,000,000 series 28 unsecured corporate ReENE green bonds (with inter-bond pari passu clause) at an issue price of ¥100 for gross ¥10,000,000,000, for aggregate gross proceeds of ¥20,000,000,000 on February 22, 2023. The transaction will include participation from Asset Management One Co., Ltd., Kanonji Shinyo Kinko., Koito Manufacturing Co., Ltd., Suwa Shinkin Bank, The Dai-ichi Frontier Life Insurance Co., Ltd., Tokio Marine & Nichido Fire Insurance Co., Ltd., Nissay Asset Management Corporation, Hokkaido Shinyo Agricultural Cooperative Assoc., Sumitomo Mitsui Trust Asset Management Co., Ltd., Mitsubishi UFJ Kokusai Asset Management Co., Ltd., The Keiyo Bank, Ltd., Seto Shinkin Bank, Tokio Marine Asset Management Co., Ltd., The First Bank Of Toyama, Ltd., The Hachijuni Bank, Ltd., Manulife Investment Management(Japan) Limited, Sumitomo Mitsui Trust Bank - New York Branch, Mitsui Direct General Insurance Co., Ltd., The Yamaguchi Bank, Ltd., MS&AD Insurance Group Holdings, Inc., The Yokohama Shinkin Bank, Ishikawa Credit Federations of Agricultural Cooperatives and Shizuoka Credit Federations of Agricultural Cooperatives. The series 27 bonds carry an interest rate of 0.320% per annum having a term of three years whereas, series 28 bonds carry an interest rate of 0.694% having a term of five years.

The redemption amount of both the bonds is ¥100 for every ¥100 face value. The expected date of payment is March 1, 2023.