Nomura Securities Prices Green Bond Offering for Tokyo Metropolitan Government

​Nomura Securities Co., Ltd., a wholly owned subsidiary of Nomura Holdings, Inc., today announced that it has priced a Green Bond offering for the Tokyo Metropolitan Government. Nomura acted as bookrunner for the offering.

According to the announcement, the offering consists of a five-year and 30-year tranche, valued at 15 billion yen each. The proceeds from the offering will be used for climate change initiatives, natural environment conservation, and projects aimed at improving the living environment.

With the green bond offering, the city intends to further enhance its environmental measures, stimulate the green bond market and promote participation by other issuers. The city also aims to set the trend for domestic funds to be used for domestic environmental initiatives, and offer institutional investors investment opportunities that will allow them to fulfill their social responsibilities.

“Nomura will continue to promote initiatives to achieve the SDGs and contribute to economic and sustainable social development, while contributing to the growth of Japan's SDG bond market,”the company said.

Last month, Nomura has appointed Jeff McDermott as Senior Managing Director​, Nomura Securities International and Global Co-Head of Investment Banking based in New York.