Hitachi, Ltd. has announced the terms of unsecured straight bonds as set forth below following the announcement relating to the plan to issue unsecured straight bonds including “Digitally Tracked Green Bond” (“digital green bond”), which utilizes digital technologies, such as IoT and a blockchain platform on November 16, 2023.
The proceeds from the issuance of the digital green bond will be used to refinance expenditures of the construction and refurbishment of Kyōsō-to of the Central Research Laboratory (energy-saving building), and this will be the first benchmark size in Japan, totaling 10.0 billion yen. The proceeds from the issuance of the 22nd series and 23rd series unsecured straight bonds will be used to refinance of short-term funding for repaying the 18th bond.