the 3rd Green Bonds

1.Details of the Green Bond

Details of the Green Bond
Bond name Kyushu Railway Company 14th Issuance of unsecured bonds
(with specific inter-bond pari passu clause)
(Green Bond)
Tenor 10 years
Issue size JPY10billion
Offering date July 14, 2023
Payment date July 21, 2023
Interest rate 0.768%
Use of proceeds Development of the area around Nagasaki Station, JR Kagoshima-Chuo Building
Bond rating AA-(Rating and Investment Information, Inc.(R&I))

2.Investment Announcements for JR Kyushu Green Bond

We introduce the investors who have announced that they invest in this green bond.

(As of july 14, 2023 / In the order of Japanese syllabary)


・THE ICHII SHINKIN BANK

・JA GAMAGORI

・JAPAN POST INSURANCE Co.,Ltd.

・Kibi Shinkin Bank

・Kyusyu Labour Bank

・JA Kumamotoshi

・Saga Prefecture Doctor's Credit Cooperatives

・SUNRAY Inc.

・JTB KYOSAI KUMIAI

・Daitokyo Shinyokumiai

・Takanabe Shinkin Bank

・Chuo Labour Bank

・Tokio Marine & Nichido Fire Insurance Co., Ltd.

・The Tono Shinkin Bank

・Tomakomai Shinkin Bank

・Nagano Shinkin Bank

・Nagoya Credit Guarantee Corporation

・Niigata Shinkin Bank

・The Nishio Shinkin Bank

・THE NISSHIN SHINKIN BANK

・The Promotion and Mutual Aid Corporation for Private Schools of Japan

・Hanno-Shinkin Bank

・JA Fukushimamirai

・HOKKAIDO SHINKIN BANK

・Matsumoto Shinkin Bank

・THE MIZUSAWA SHINKIN BANK

・Morioka Shinkin Bank

・The Yamaguchi Bank, Ltd

・The Yamanashi Chuo Bank, Ltd.

・Resona Asset Management Co., Ltd.

3.Green Bond Framework

JR Kyushu has developed the Green Bond Framework based on the International Capital Market Association Green Bond Principles 2018 (ICMA GBP 2018) and the Ministry of Environment of Japan Green Bond Guidelines 2020 (GBG 2020).


4.External Reviews

Second-Party Opinion

JR Kyushu has commissioned Sustainalytics to provide a Second-Party Opinion to ensure alignment with ICMA GBP 2018 and GBG 2020.


Green Bond Assessment

JR Kyushu has received “GA1” evaluation, the highest level of R&I Green Bond Assessment which evaluates the extent to which raised funds are used to resolve environmental issues.


5.Reporting

Once per year, we will disclose on our website reporting related to the use of proceeds and the environmental benefits.