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Keihanshin Building Issues Sustainability-Linked Bonds to Drive GHG Reduction

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Keihanshin Building Issues Sustainability-Linked Bonds to Drive GHG Reduction

The latest update is out from Keihanshin Building Co., Ltd. ( (JP:8818) ).

Keihanshin Building Co., Ltd. has announced the issuance of its 15th series of Sustainability-Linked Bonds, valued at 5 billion yen, with a maturity of five years and an interest rate of 1.665%. The bonds are linked to the company’s commitment to reducing Scope 1 and 2 greenhouse gas emissions by 41% by the fiscal year ending March 31, 2029. If the sustainability targets are not met, the company plans to either donate to environmental organizations or purchase emission rights, highlighting its commitment to environmental responsibility.

More about Keihanshin Building Co., Ltd.

Keihanshin Building Co., Ltd. operates in the real estate industry, focusing on property development and management. The company is involved in constructing and managing residential and commercial buildings, catering primarily to urban areas in Japan.

YTD Price Performance: -10.16%

Average Trading Volume: 47,688

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen69.93B

For detailed information about 8818 stock, go to TipRanks’ Stock Analysis page.

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