Tokyo, 28 July 2021
Press Release
Crédit Agricole Corporate and Investment Bank (“Crédit Agricole CIB”) Japan is pleased to announce its successful arrangement of the first Sustainability-Linked Loan (SLL) transaction for Nipro Corporation’s (“Nipro”). A Sustainability-Linked Loan is a loan whose pricing is linked to sustainability key performances indicators, encouraging the borrower to achieve its ESG strategy and goals. In line with Crédit Agricole Group Medium Term Plan 2022’s commitment to society, Crédit Agricole CIB is actively supporting leading socially and environmentally engaged companies which implement best practices in terms of ESG in their business activities. This is the first SLL transaction not only for Nipro but also for Crédit Agricole CIB in Japan, demonstrating Crédit Agricole CIB's ambition to offer the wide range of ESG products, including SLL, to its Japanese clients to accompany their growing interest in this area and provide them with sustainable means of financing their business activities. Nipro, as a global comprehensive medical equipment manufacturer, has been actively engaged in initiatives related to Sustainable Development Goals (SDGs), which align with its vision of contributing to society by providing a stable supply of essential medical products. Nipro established in 2020 its Social Bond Framework and has since then been actively using sustainable means to finance its activities. This SLL, whose proceeds will be used for general working capital purposes, features pre- agreed performances indicators linked to Nipro's ability to supply medical equipment essential to combat global health issues.
Press contact - Crédit Agricole CIB Lilian Kung - Head of Communications, Asia Pacific +852 2826 1052 - lilian.kung@ca-cib.com About Crédit Agricole Corporate and Investment Bank (‘Crédit Agricole CIB’, or the 'Bank') Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2021). Nearly 8,400 employees across Europe, the Americas, Asia-Pacific, the Middle East and Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients. For many years Crédit Agricole CIB has been committed to sustainable development. The Bank was the first French bank to sign the Equator Principles in 2003. It has also been a pioneer in green bond markets with the arrangement of public transactions from 2012 for a wide array of issuers (supranational banks, corporates, local authorities, banks) and was one of the co-drafter of the Green Bond Principles and of the Social Bond Guidelines. Relying on the expertise of a dedicated sustainable banking team and on the strong support of all bankers, Crédit Agricole CIB is one of the most active banks in the green bonds market. For more information, please visit www.ca-cib.com.