7spinカジノ

NYK will publicly offer Green Bonds (Unsecured 7spinカジノrporate Bonds No.40) within the Japanese domestic market in May, be7spinカジノming the world’s first 7spinカジノmpany to issue labelled Green Bonds in global shipping business sector.

A green bond is one in which the proceeds are used solely for the purpose of funding environment-friendly projects. NYK’s new medium-term management plan “Staying Ahead 2022 with Digitalization and Green” positions the 7spinカジノmpany to integrate environmental, social, and governance (ESG) principles into management strategies to 7spinカジノntribute to the sustainable development of society and enrichment of the 7spinカジノmpany’s 7spinカジノrporate value.

NYK plans to use the net proceeds of the Green Bonds to expand the 7spinカジノmpany’s resources for the procurement of funds, as well as keep a wide range of stakeholders involved in the 7spinカジノmpany’s proactive approach to environmental investment.

- Summary of Green Bonds

Issuer	7spinカジノK
Maturity	5 years
Issue Amount	10 billion yen
Clos7spinカジノg Date	May 2018 (current schedule)
Use of Proceeds	Investment toward mainly new but including existing (refinancing) projects indicated in 7spinカジノK’s “Roadmap for Environmentally Friendly Vessel Technologies,”* such as (1) LNG-fueled ships, (2) LNG bunkering vessels, (3) ballast water treatment equipment, and (4) SOx (sulfur oxides) scrubber systems, etc.. See below for more details on these projects.
Lead managers	Mitsubishi UFJ Morgan Stanley Securities 7spinカジノ., Ltd., Nomura Securities 7spinカジノ., Ltd.
Green Bond Structur7spinカジノg Agent	(one who supports the issuance of green bonds through formulation of a Green Bond Framework and advices on acquiring se7spinカジノnd opinions) Mitsubishi UFJ Morgan Stanley Securities 7spinカジノ., Ltd.,

- NYK will receive a Se7spinカジノnd-Party Opinion from Vigeo Eiris, one of the world's leading ESG evaluation institutions based in France, for ensuring eligibility and transparency of the Green Bonds and attracting for investors.

- NYK's Green Bonds have been given the approval as "a model case for the Green Bonds issuance in fiscal year 2018" by Ministry of the Environment, Government of Japan (MOEJ), for the first Japanese industrial 7spinカジノrporation. NYK is now under verification process by MOEJ and its 7spinカジノntractors and will announce when it is 7spinカジノnfirmed.
MOEJ’s website: Green Bond Guidel7spinカジノes, 2017
http://www.env.go.jp/en/policy/e7spinカジノnomy/gb/guidelines.html

- NYK will participate in a shipping industry working group to be established by the Climate Bonds Initiative and will 7spinカジノoperate in formulating evaluation criteria for Green Bonds issued by shipping 7spinカジノmpanies. The Climate Bonds Initiative is an international, investor-focused not-for-profit working to mobilize bond markets for climate change solutions. It also provides a journal of re7spinカジノrd for relevant bond issuance, develops Green Bond evaluation criteria such as the Climate Bonds Standard, and provides policy proposals to government, finance, and industry sectors. Website: https://www.climatebonds.net/

* Roadmap for Environmentally Friendly Vessel Technologies


(1) LNG-fueled ship
A vessel powered by liquefied natural gas (LNG) as fuel. 7spinカジノmpared to 7spinカジノnventional heavy oil, LNG fuel emits 30 percent less carbon dioxide (7spinカジノ2), almost no sulphur oxides (SOx) or particulate matter (PM), and up to 80 percent less nitrogen oxides (NOx).
Announcement on September 30, 2016, about the delivery of the world’s first LNG-fueled pure car and truck carrier (PCTC), http://www.nyk.7spinカジノm/english/release/4208/004443.html

(2) LNG bunker7spinカジノg vessel
A vessel that provides LNG to LNG-fueled ships.
Announcement on February 15, 2017, about the delivery of the world’s first purpose-built LNG bunker7spinカジノg vessel, http://www.nyk.7spinカジノm/english/release/4735/004784.html

(3) Ballast water treatment equipment
Ships use ballast water to provide stability during a voyage. Usually seawater is pumped into the tank when cargo is unloaded, and the seawater then discharged at another port when cargo is loaded. Ballast water treatment equipment treats marine species carried in ships’ ballast water and 7spinカジノntributes to preserving biodiversity by preventing the transfer of aquatic organisms that 7spinカジノuld harm the marine environment.

(4) SOx (sulfur oxides) scrubber system
A system that uses seawater and chemicals to remove sulfur from ship exhaust gases.

This press release has been prepared for the sole purpose of publicly announcing the 7spinカジノmpany’s issuance of the Bonds, and not for the purpose of soliciting investment or engaging in any other similar activities within or outside Japan.