Nissan Motor Co has signed a 200 billion yen ($1.52 billion) syndicated green loan agreement arranged by Mizuho Bank to support its clean mobility and related projects.
Nissan Motor signed a ¥200-billion (US$1.4-billion) syndicated green loan agreement arranged by Mizuho Bank. Nissan will utilize the loan to support its clean mobility and related projects to progress its long-term electrification and carbon neutrality ambitions. The loan contract period will be five and seven years. As the first funds.
Nissan Motor is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. Proceeds from the Nissan Sustainable Finance Framework will also be used to support projects in Nissan’s use of renewable energy, clean manufacturing systems, EV re-charging infrastructure, battery re-use,.
New York-based Sustainalytics has updated the accreditation of Sy-led BDO Unibank Inc. on its Sustainable Finance Framework after the successful maiden $100 million blue bond issuance.