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Penta-Ocean Construction Co., Ltd.

Notice Regarding Issuance of Publicly Offered Bonds
Penta-Ocean Construction Green Bonds (5th Unsecured Corporate Bonds) and 6th Unsecured Corporate Bonds

Tokyo, Japan Oct. 14, 2020 - Penta-Ocean Construction Co., Ltd. hereby announces that on October 14, 2020, the Company issued Penta-Ocean Construction Green Bonds, which will be used for construction of the multipurpose self-elevating platform equipped with a large crane (hereinafter, the SEP) that is currently under construction, along with 6th Unsecured Corporate Bonds.

1.Outline of the Issuance

Name of bond

5th Unsecured Corporate Bonds

(Penta-Ocean Construction Green Bonds)
6th Unsecured Corporate Bonds
Pricing date October 8, 2020 October 8, 2020
Issuance date October 14, 2020 October 14, 2020
Total amount of issue JPY 10 billion
JPY 10 billion
Terms of issue 5 years
3 years
Interest rate 0.25%
0.15%
Credit ratings

Japan Credit Rating Agency, Ltd. (JCR)

“A”

Japan Credit Rating Agency, Ltd. (JCR)

“A”
Use of funds Construction cost of the SEP Working capital
Underwriters

Mizuho Securities Co., Ltd.
Nomura Securities Co., Ltd.

SMBC Nikko Securities Inc.

Mizuho Securities Co., Ltd.
Nomura Securities Co., Ltd.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd

Others ■Green Bond Structuring Agent

Mizuho Securities Co., Ltd.

■External Ratings

(Second-party opinion/ratings)
Japan Credit Rating Agency Ltd.

Green bond evaluation “Green 1

(Certification)

Received CBI certification
※CBI (Climate Bonds Initiative)
None


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