CHIBA BANK NEWS
October 25, 2023
Company Name: | The Chiba Bank, Ltd. |
Representative: | Tsutomu Yonemoto, President |
Stock Exchange Listing: | Tokyo (code: 8331) |
Chiba Bank Announces Formation of Green Loan for
Japan Prime Realty Investment Corporation
October 25, 2023 - The Chiba Bank, Ltd. (President and CEO: Tsutomu Yonemoto) ("Chiba Bank" or "the Bank") today announced the formation of a Green Loan for Japan Prime Realty Investment Corporation (Executive Officer: Yoshihiro Jozaki) ("JPR") based on the Green Loan Framework established by JPR.
JPR, the recipient of the loan, is a J-REIT complex consisting of office buildings and urban retail facilities, etc., sponsored by Tokyo Tatemono Co., Ltd. JPR has formulated the "JPR Brand Strategy," which focuses on environmentally friendly operations while providing safety and security, and has positioned sustainability initiatives as a top priority in its management strategy and is promoting initiatives to address social issues.
Under the framework established by JPR, the use of funds is limited to the acquisition of properties with excellent environmental performance, etc., in order to contribute to the improvement of the environment of society as a whole. Chiba Bank utilized this framework to implement the Green Loan.
Chiba Bank has made its core purpose "To create a local community better suited to bringing each person's hope to life," and aims to be an engagement bank group that works closely with the community by providing social value, such as contributing to the resolution of regional social issues.
【Framework-Type Green Loan Outline】
Borrower | Japan Prime Realty Investment Corporation |
Execution date | Wednesday October 25, 2023 |
Loan amount | ¥1.0 billion |
Loan type | Term loan |
Use of funds | Funds for refinancing related to acquisition of JPR Nihonbashi Horidome Building |
(CASBEE* Real Estate Evaluation Certification) | |
Third-Party Opinion | Japan Credit Rating Agency, Ltd. |
*Abbreviation of Comprehensive Assessment System for Building Environment Efficiency. One of the Green Building certifications.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Chiba Bank Ltd. published this content on 25 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2023 15:54:06 UTC.