Green Bond Fact SheetBank of Nogoya

Date: 16/01/2020

Issue date: 13-12-2019 Maturity date: 13-12-2029 Tenor: 10Issuer NameBank of Nogoya

Amount Issued

JPY10bn/USD92m

Country of riskJapan

CBI Database

IncludedIssuer Type1

Financial Corporate

Bond Type

N/A

Green Bond Framework

N/A

Second party opinion

Sustainalytics

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☐ 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
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ 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

There will be an annual allocation and impact report published on the company’s website
until maturity of the bond.
The allocation report will include:• outstanding balance• eligible investments and loan balance• allocated and unallocated amount and ratio• method of managing unallocated funds
The impact report will include:• allocated investment and loan projects• allocated rate by project type (eligible loan and investment)• estimated CO2 emission reductions

Company information

The Bank of Nagoya is a regional bank based in Japan. It provides a variety of financial andbanking services: loans, bond issuance as well as leasing and credit cards amongst others.

Firsts, records andcertifications
Proceeds description

The Bank of Nagoya will use the proceeds from the green bond to finance existing andfuture loans which are financing capital expenditures investing in photovoltaic powergeneration. This includes investments in land required for this, purchase and installation ofsolar panels, power conditioners, power generation monitors as well as related equipment
such as storage batteries, maintenance and management.

Climate Bonds view

Financials make up a large portion of the green bond market in Japan and are
therefore crucial in order to drive a green agenda forward. It is great to see anadditional issuer scaling up these figures.

Underwriters

SMBC

Deal comments
Credit Rating

A- (Japan Credit Rating Agency)

Pricing summary••

Yield: 0.440%
Price: 100.000%

Investors summary

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