Metawater plans to issue blue bonds via public offer in Japan

By Mary-Katherine Stinson

Lexington, Ky., Oct. 26 – Metawater Co., Ltd. said it plans to offer blue bonds in December through a public offering in Japan, according to a notice.

The issuance is planned to total ¥10 billion with a maturity of five years.

Mizuho Securities Co., Ltd. is the structuring agent.

The sale will be led by Mizuho and other brokerages yet to be determined.

For this first series of unsecured bonds, the company has released a blue finance framework. A second party opinion, which confirms these principles, was obtained from DNV Business Assurance Japan K.K.

The proceeds would be used for the concession, investment and financing of sustainable water treatment businesses related to water treatment projects and investing domestic/overseas water treatment companies.

Metawater designs and constructs equipment for water purification plants, sewage treatment plants and waste treatment facilities in Japan and internationally. The company is based in Chiyoda, Japan.

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