Nomura Securities, a subsidiary of Nomura Holdings, has led and priced a green bond offering for the Osaka City Government at five billion yen (US$38.5 million). Osaka is promoting measures aimed at achieving both environmental conservation and economic development, with the “vision to be an environmentally advanced city that contributes to the achievement of the [Sustainable Development Goals] (SDGs)”. By issuing green bonds, the city will also promote the SDGs through its financial initiatives. Through the underwriting of SDG bonds such as green bonds, social bonds and sustainability bonds, the firm serves as a bridge between investors who want to contribute to society and projects with capital needs that aim to resolve social issues.
Nomura Leads Green Bond Offering for Osaka
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