Japan’s Kawasaki Heavy Industries (KHI) has become the latest company in the maritime sector to turn to sustainability bonds.
The company plans to raise ¥10bn ($89.6m) form the bond issuance which will have a 10-year tenure and is expected to be issued in July.
Mizuho Securities, Nomura Securities, SMBC Nikko Securities and Mitsubishi UFJ Morgan Stanley Securities and been appointed as underwriters for the offering.
