the 5th Green Bonds

1.Details of the Green Bond

Details of the Green Bond
Bond name Kyushu Railway Company 18th Issuance of unsecured bonds
(with specific inter-bond pari passu clause)
(Green Bond)
Tenor 10 years
Issue size JPY10billion
Offering date July 26, 2024
Payment date August 1, 2024
Interest rate 1.321%
Use of proceeds Development of the area around Nagasaki Station
Bond rating AA-(Rating and Investment Information, Inc.(R&I))

2.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).


3.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.



4.Reporting

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