On September 9, the Japan Student Services Organization will issue a bond "Social Pound (social contribution bond)" of 7 billion yen whose use is limited to solving social problems.We have received an evaluation from France's Visio Iris, a global ESG (* 300) evaluation organization, that it conforms to the principles of social contribution bonds defined by the International Capital Market Association, and will contribute to society with all the resources for scholarships in the future. Cover with bonds.
According to the Japan Student Services Organization, the name of the social contribution bond issued is "52nd Japan Student Services Organization".The term is 2 years and the coupon rate is 0.001%.We plan to obtain AAA rating from Rating and Investment Information, Inc. and AAA Rating Agency from Japan Credit Rating Agency.Mitsubishi UFJ Morgan Stanley Securities will be the lead underwriter, and the funds collected will be used for the 2018 Type XNUMX Scholarship.
Issuance of social contribution bonds in Japan is the first since the 2016 Japan International Cooperation Agency (JICA).The Japan Student Services Organization falls under Goal 4 of the United Nations Sustainable Development Goals (SDGs), which states that the scholarship program "provides high-quality education for all and promotes lifelong learning opportunities." It was issued as.
The Japan Student Services Organization has issued FILP agency bonds of around 1,200 billion yen annually as a source of scholarships for students.In the future, we will utilize social contribution bonds for all financing.
* 1 A combination of the English acronyms for ESG environment, society, and governance, ESG investment refers to investment that emphasizes these three factors.
