Filip & Company partnered with Anderson Mori & Tomotsune to assist the Ministry of Public Finance in the first Samurai green bond issue on the Japanese capital market for an aggregate amount of 33 billion Japanese yen.
The issue has three tranches, of which 22 billion Japanese yen maturing in 3 years and having a 2.10% yield per annum, 3.6 billion Japanese yen maturing in 5 years and having a 2.63% yield and 7.4 billion Japanese yen maturing in 7 years and having a 3.14% yield.
“This represents an important first step in diversifying Romania’s sources of financing on international markets, opening new opportunities for Asian investors. The fact that the issue is dedicated to green bonds underlines the country’s commitment to financing sustainable projects, geared towards reducing carbon emissions, protecting biodiversity and developing renewable resources. We are pleased to be part of this innovative initiative, which not only supports Romania’s financial objectives, but actively contributes to the global fight against climate change. This issue on the Japanese market opens new avenues of collaboration and strengthens the reputation of our country. We are pleased to be involved in such large-scale projects with the Ministry of Public Finance”, said Monica Stătescu partner at Filip & Company.
The Filip & Company team that assisted the Ministry of Public Finance in this project consisted mainly of Alexandru Bîrsan (partner), Monica Stătescu (partner), Andreea Bănică (senior associate) and Andrei Anghel (associate).
Filip & Company has one of the most dynamic Finance and Capital Markets practices in Romania. Our team of lawyers includes specialists with a solid track record of complex domestic and international transactions.
