Announcement regarding pricing of 19th Unsecured Straight Bonds, 20th Unsecured Straight Bonds(Green Bonds) and 21th Unsecured Straight Bonds
Asahi Group Holdings, Ltd.
(Tokyo, Japan - March 2, 2023) – Asahi Group Holdings, Ltd. (“Asahi”) is pleased to announce that it has priced an offering of the 19th Unsecured Straight Bonds, 20th Unsecured Straight Bonds(Green Bonds) and 21st Unsecured Straight Bonds as follows.
Overview of the 19th Unsecured Straight Bonds(3 years)
| (1) Name of bonds | Asahi Group Holdings, Ltd. 19th Issuance of unsecured straight bonds (with specific inter-bond pari passu clause) |
|---|---|
| (2) Total amount of issue | JPY 50 billion |
| (3) Coupon rate | 0.280% per annum |
| (4) Closing date | March 8, 2023 |
| (5) Maturity date | March 6, 2026 (3 years) |
| (6) Coupon payment date | March 8 and September 8 of each year |
| (7) Rating | AA- (Japan Credit Rating Agency, Ltd.) A+ (Rating & Investment Information, Inc.) |
| (8) Underwriters | Nomura Securities Co., Ltd., Daiwa Securities Co. Ltd., SMBC Nikko Securities Inc. and Mizuho Securities Co., Ltd. |
| (9) Fiscal agent | Sumitomo Mitsui Banking Corporation |
| (10) Use of proceeds | All proceeds will be used for a part of redemption of commercial papers, which matures on Mar 31, 2023 |
Overview of the 20th Unsecured Straight Bonds(5 years)
| (1) Name of bonds | Asahi Group Holdings, Ltd. 20th Issuance of unsecured straight bonds (with specific inter-bond pari passu clause)(Green Bonds) |
|---|---|
| (2) Total amount of issue | JPY 25 billion |
| (3) Coupon rate | 0.544% per annum |
| (4) Closing date | March 8, 2023 |
| (5) Maturity date | March 8, 2028 (5 years) |
| (6) Coupon payment date | March 8 and September 8 of each year |
| (7) Rating | AA- (Japan Credit Rating Agency, Ltd.) A+ (Rating & Investment Information, Inc.) |
| (8) Second-party opinion for green bond framework | Asahi has obtained the highest rating “Green 1(F)” of “JCR Green Finance Framework Evaluation” from Japan Credit Rating Agency, Ltd. |
| (9) Underwriters | An underwriter syndicate where Nomura Securities Co., Ltd., Daiwa Securities Co. Ltd., SMBC Nikko Securities Inc. and Mizuho Securities Co., Ltd. act as joint lead managers for this syndication |
| (10) Green bond structuring agent | Nomura Securities Co., Ltd. |
| (11) Fiscal agent | Sumitomo Mitsui Banking Corporation |
| (12) Use of proceeds | All proceeds will be used for the eligible projects below. ・Capital investments, Promotion of renewable energy for the energy to be used and initiatives for CO2 absorption in Asahi Breweries’ Tosu Brewery ・Procurement of recycled PET, Procurement of biomass plastic ・Purchase of renewable energy |
- Investment statement on this green bond
The following investors have declared their intention to invest in this green bond as of 2 March 2023.
List of investors who have announced investment（Japanese alphabetical order）
- JA Aichi-Kita
- JA Aichi-Nishi
- Asset Management One Co., Ltd.
- The Awa Bank, Ltd
- Ishikawa Prefectural Credit Federation of Agricultural Cooperatives
- The Ibaraki-ken Credit Cooperative
- The Gamagori Shinkin Bank
- KOITO MANUFACTURING CO., LTD.
- THE SAIKYO BANK, LTD.
- The Sawayaka Shinkin Bank
- Jissen Women's Educational Institute
- SUWA SHINKIN BANK
- THE SETO SHINKIN BANK
- Sony Assurance Inc.
- The Dai-ichi Frontier Life Insurance Co., Ltd.
- The Chikuho Bank, Ltd.
- Choshi Shoko Shinyokumiai
- The Toho Bank,Ltd
- Nissay Asset Management Corporation
- THE HACHIJUNI BANK,LTD.
- The Higashi-Nippon Bank, Limited
- The Hekikai Shinkin Bank
- North Pacific Bank,Ltd.
- THE HOKURIKU BANK, LTD.
- Mitsui Sumitomo Insurance Company, Limited
- Mitsui Direct General Insurance Company, Limited
- Mitsubishi UFJ Trust and Banking Corporation
- The Musashino Bank,Ltd.
- Meiji Yasuda Asset Management Company Ltd.
- MORI NO MIYAKO SHINKIN BANK
- The Yamaguchi Bank,Ltd
Overview of the 21th Unsecured Straight Bonds(7 years)
| (1) Name of bonds | Asahi Group Holdings, Ltd. 21th Issuance of unsecured straight bonds (with specific inter-bond pari passu clause) |
|---|---|
| (2) Total amount of issue | JPY 25 billion |
| (3) Coupon rate | 0.870% per annum |
| (4) Closing date | March 8, 2023 |
| (5) Maturity date | March 8, 2030 (7 years) |
| (6) Coupon payment date | March 8 and September 8 of each year |
| (7) Rating | AA- (Japan Credit Rating Agency, Ltd.) A+ (Rating & Investment Information, Inc.) |
| (8) Underwriters | An underwriter syndicate where Nomura Securities Co., Ltd., Daiwa Securities Co. Ltd., SMBC Nikko Securities Inc. and Mizuho Securities Co., Ltd. |
| (9) Fiscal agent | Sumitomo Mitsui Banking Corporation |
| (10) Use of proceeds | All proceeds will be used for a part of redemption of commercial papers, which matures on Mar 31, 2023 |
Announcement Regarding Issuance of Green Bonds（Announced on February 1, 2023）
https://www.asahigroup-holdings.com/en/newsroom/detail/20230201-0202.html
Green Bond Framework
https://www.asahigroup-holdings.com/news_file/file/green_bond_framework_2023.pdf
About Asahi’s sustainability
https://www.asahigroup-holdings.com/en/sustainability/index.html
About Asahi Group Holdings
Asahi Group Holdings, Ltd. is a global leader offering a diverse collection of brands centered on beer, alcohol and non-alcohol beverages, and food. Our mission is to deliver on our great taste promise and bring more fun to life. Established in Japan in 1889, the Group has always been committed to innovation and quality. This dedication has brought together iconic brands and the expertise of renowned breweries from around the world, including those with a rich heritage spanning over centuries. Our approach has culminated in a globally recognized portfolio of brands that includes premium beers such as Asahi Super Dry, Peroni Nastro Azzurro, Kozel, Pilsner Urquell, and Grolsch. “Make the world shine” articulates Asahi Group’s commitment to build connections among people, thereby paving the way for a sustainable future together. Through these connections, we can contribute to a brighter world, both today and in the future. With a global presence primarily in Japan, Europe, Oceania, and Southeast Asia, we provide over 10 billion liters of beverages to consumers worldwide and generate revenues of over JPY 2.7 trillion annually. Headquartered in Japan, Asahi Group Holdings is listed on the Tokyo Stock Exchange (Prime Market: 2502.T).