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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. |
Mizuho Securities Co., Ltd. |
| Others | ■Green Bond Structuring Agent Mizuho Securities Co., Ltd. ■External Ratings(Second-party opinion/ratings) (Certification) Received CBI certification※CBI (Climate Bonds Initiative) |
None |