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Company & Organisation News - 24/05/2018

Vigeo Eiris, Second Party Opinion on Nippon Yusen Kabushiki Kaisha’s Green Bond issuance

Japan’s Nippon Yusen Kaisha (NYK) issued its first green bond on 24 May 2018, becoming the world's first company to issue labelled green bonds in the global shipping business sector

With an amount of JPY10 billion (USD92 million) and a 5-year maturity, the proceeds aim at financing and refinancing LNG-fuelled ships, LNGbunkering ships, ballast water management systems and SOx scrubber systems with the objective to decarbonise shipping industry.

Vigeo Eiris Second Party Opinion

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Keywords : Green bonds