Green Bond Fact SheetJapan Railway Construction, Transport and Technology Agency

Date: 04-Jun-2018

Issue date: 27-Feb-2018 Maturity date: 26-Feb-2038 Tenor: 20Issuer Name

JRTT Japan RailwayConstruction,Transport andTechnology Agency

Amount Issued

JPY24.5bn (USD228.3m)

Country of riskJapan

CBI Database

Included

Issuer Type1

Government-Backed
EntityBond TypeGreen Bond

Green Bond Framework

N/A

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ Waste to energy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☒ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☒ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
Reporting

The issuer will report annually on proceed allocation and CO2/ NOx emission reductions. Theinformation will be made publicly available on JRTT’s website.

Company information

The Japan Railway Construction, Transport and Technology Agency (JRTT) operates
as an independent administrative institution undertaking railway improvement
projects in Japan.

Firsts, records andcertificationsFirst Japanese green bond issuer from the public transport sector.

Proceeds description

The deal will finance the development o the Eastern Kangawa Lines “Enhancementof Convenience of Urban Railways” project. The lines will link the western part ofYokohama City and the central part of the Kangawa Prefecture with the Tokyo
metropolitan area. The project is expected to reduce around 1800 tons of CO2 peryear and 18 tons of NOx per year.

Climate Bonds view

This is JRTT’s second green bond following their debut JPY20bn (USD176m)
issuance in November 2017. The deal was previously placed as pending due to lackof clarity on proceed allocations. Thanks to the provision of additional
documentation by the lead underwriter, Mizuho, we were able to confirm thebond’s compliance with the Climate Bonds Taxonomy and include it in ourdatabase.

Underwriters

Mizuho, Daiwa, MUFG, Nomura

Deal comments
Credit Rating

AA (R&I), A1 (Moody’s)

Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign