MOL prices ‘green bonds’
One of Japan’s three biggest companies recently announced it will issue around 90m of green bonds, which for the first time in the country’s corporate history, target retail investors as well. MOL has now disclosed these bond carry a 0.42% annual interest payment and require a minimum $8,973.6 investment from retail investors and $897,360 from corporate investors
The green bonds target both corporate and retail investors, with banks and universities buying into the product