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Iwatani Issues Sustainability Bond to Invest in H2 Energy
On November 9, Iwatani announced to issue sustainability bonds (corporate bond) as public-subscribed bonds in the domestic stock market aiming for its investment to the development of CO2-free hydrogen supply chain and the system development for stable supply of LP Gas and also the development of raw material of low environmental impact.
Two brands of bond have issuance limits of 7 and 10 years respectively in each amount of 5 billion yen (10 billion in total). The planned issuance schedule is from December 2023 to March 2024.