July 15, 2020
Japan International Cooperation Agency (JICA; President KITAOKA Shinichi) launched its fifth Global-Dollar bonds guaranteed by the Government of Japan on July 14, 2020 (New York time).
Issuer: Japan International Cooperation Agency (JICA)
Guarantor: The Government of Japan
Amount: 500 million USD
Issue Date: July 22, 2020
Maturity: 10 years (due on July 22, 2030)
Issue Price: 99.612% (Investor yield: 1.041%(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. 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
Barclays Bank PLC
Citigroup Global Markets Limited
J.P. Morgan Securities plc
Nomura 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.
** Alphabetical order