April 21, 2021
Japan International Cooperation Agency (JICA; President Shinichi Kitaoka) launched its sixth Global-Dollar bonds guaranteed by the Government of Japan on April 20, 2021 (New York time).
Issuer: Japan International Cooperation Agency (JICA)
Guarantor: The Government of Japan
Amount: 580 million USD
Issue Date: April 28, 2021
Maturity: 10 years (due on April 28, 2031)
Issue Price: 98.982% (Investor yield: 1.862%(s.a.))
Rating :A+ (S&P)
Format: SEC Registered
Use of Proceeds:
The proceeds will be allocated to JICA’s Finance and Investment Account dedicated to its ODA Loans and Private Sector Investment
Finance activities (not knowingly allocate any proceeds from the sale of the bonds to activities related to coal-fired power generation). An amount equal to part or all of such net proceeds may be allocated to investments in one or more Eligible Projects*. Through each Eligible Project, JICA strives to promote socio-economic development of developing countries and address challenges to Sustainable Development Goals (SDGs) adopted at the UN Sustainable Development Summit.
Listing: Singapore Exchange Securities Trading Limited
J.P. Morgan Securities plc
Barclays Bank PLC
Daiwa Capital Markets Europe Limited
Morgan Stanley & Co. International plc
* “Eligible Projects” means projects selected under the Development Cooperation Charter, which was endorsed by the Japanese government in 2015 with the aim to proactively contribute to peace, stability and prosperity in the international community. The proceeds will not be knowingly allocated to activities related to coal-fired power generation.