The five-year syndicated sustainability-linked loan amounts to JPY 50 billion (USD 456.2 million).
It has been provided by MUFG Bank along with the Norinchukin Bank, Mizuho Bank and Sumitomo Mitsui Banking Corporation.
As explained, this is Japan’s first advanced loan that allows for conditions such as the loan’s interest rate to be adjusted according to the borrower’s corporate social responsibility (CSR) performance.
