12 July 2019
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that it has determined the conditions concerning the issue of sustainability bonds (its 22nd, 23rd, and 24th series of unsecured corporate bonds), which was announced on June 28, 2019, as follows. It also announced the parties that have pledged to invest in the bonds under those conditions, as outlined below.
[Outline of Sustainability Bonds]
< List of investors (alphabetical order)
・Aichi Shinkin Bank
・Abukuma Shinkin Bank
・Amagasaki health medical care foundation
・Awa Agricultural Co-operative
・Osaka Shinkin Bank
・OSAKA DOCTORS CREDIT UNION
・THE KAGAWA BANK,Ltd.
・KITAMI SHINKIN BANK
・Kinki Labour Bank
・THE SHIGA BANK，LTD．
・Shikoku Labour Bank
・SHINONOME SHINKIN BANK
・Suwa Shinkin Bank
・Daido Fire & Marine Insurance Co., Ltd.
・Taiyo Life Insurance Company
・Tanyo Shinkin Bank
・Tokyo University of Marine Science and Technology
・TOKYO KEIZAI UNIVERSITY
・TOKOHA University Educational Foundation
・DOKKYO GROUP OF ACADEMIC INSTITUTIONS
・Nara Shinkin Bank
・Numazu Shinkin Bank
・The Hiroshimaken Credit Cooperative
・Fukoku Mutual Life Insurance Company
・Hokkaido Labour Bank
・The Mishima Shinkin Bank
・THE YUKI SHINKIN BANK
・Ryoubi Shinyo Kumiai
Please refer to the following release on MOL’s initiative on issue of sustainability bonds: June 28, 2019 press release: MOL to Issue Sustainability Bonds. MOL also acquired the rating “SU1,” the highest rating in “JCR Sustainability Finance Evaluation” effective July 12, 2019 from the Japan Credit Rating Agency, Ltd. with the objectives of ensuring eligibility and transparency of the sustainability bonds and increase their appeal to investors. The Evaluation can be referred from this link.