No results found for "".

Commentary & Deal Flow

NEW ISSUE: Development Bank of Japan € 550m WNG 4yr Sust Sr Unsec; MS+28a

IGC European Market: Deal Flow - SSA

Issuer

Term

Maturity

Size

Ranking

Type

Guidance

Development Bank of Japan Inc.

4yr

9-Sep-30

€550m (WNG)

Sr Unsec

Fixed

MS+28a


Guidance: 4yr: MS+28a


  • Issuer: Development Bank of Japan Inc. ("DBJ")
  • Issuer Ratings: A1 (stable) (Moody's) / A (stable) (S&P)
  • Format: Reg S (Registered form)
  • Size: €550m WNG
  • Ranking: Senior Unsecured
  • Coupon: Fixed, Annual (Act/Act ICMA)
  • Guidance: MS+28bp area
  • Bookrunners: Daiwa / Barclays / BNP Paribas / Mizuho
  • Billing & Delivery: Mizuho
  • Maturity Date: 9-Sep-30 (4yr)
  • Settlement: 9-Sep-26 (T+5)
  • Listing: Luxembourg (Euro MTF)
  • Governing Law: English law
  • Denominations: €100k x €1k
  • Target Market: Eligible counterparties and professional investors only (all distribution channels), No PRIIPs or UK PRIIPs KID (key information document) has been prepared
  • Documentation: Global Medium Term Note Programme
  • ECB Eligibility: The Notes are intended to be held in a manner which would allow Eurosystem eligibility
  • Sales into Canada: YES (Ontario, British Columbia and Alberta)
  • Timing: Books open, today's business
  • Use of Proceeds: The net proceeds will be allocated to finance or refinance existing and/or future projects or businesses which meet the Eligibility Criteria as defined in the Final Terms.
  • Sustainability Bond: The DBJ Sustainability Bond Framework and related Second Party Opinion are available on DBJ's website.