Common Contracts
1 similar Green Loan Agreement contracts
Mizuho signs Green Loan AgreementGreen Loan Agreement • May 4th, 2021
Green loans are provided on the condition that their funds be used for environment-conscious projects. Increased investment focusing on environmental, social and corporate governance (ESG) criteria has spurred rapid development of the market for green bonds, which are issued to encourage environmental efforts, but until recently there were no international lending guidelines or rules for loans specified for environmental purposes. In response to this situation, in March 2018, the Loan Market Association2 (LMA) together with the Asia Pacific Loan Market Association3 (APLMA) established the Green Loan Principles, leading to heightened expectations for future market expansion. This green loan between Mizuho and JEI marks the first time a Japanese real estate investment trust has secured a green loan in accordance with the principles established by the LMA and APLMA.
