Tokyo Gas Co., Ltd. has decided to issue green bonds via a public offering platform, a first for the Company. Management plans a total
issuance of JPY10 billion (US$96.76 million) and is scheduling the issuance of 10-year bonds in December 2020.
The capital to be procured from this issuance is slated to be allocated to the renewable energy project the Tokyo Gas Group is participating in.
The Tokyo Gas Group aims to contribute to the sustainable development of society. To this end, the group will continue to solve social issues through its business activities and thereby improve the group’s social and financial value to realize perpetual corporate management.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., and SMBC Nikko Securities Inc. are acting as lead managers