Proceeds from the green tranche will support eligible green projects globally that provide clear green benefits under Macquarie’s Green Finance Framework.
The Facility will adopt the four pillars identified in the Green Loan Principles published in March 2018 by the Asia Pacific Loan Market Association (APLMA). Based on a similar framework to the Green Bond Principles, the pillars seek to establish best practice across use of proceeds; project evaluation and selection; management of proceeds; and reporting.
The Facility was arranged by Sumitomo Mitsui Banking Corporation (SMBC) and Macquarie Capital Securities Japan Limited (Tokyo Branch) with the participation of four Japanese bank financiers.
Proceeds from the green tranche will support the development of wind and solar farms, waste-to-energy plants, green buildings and clean transportation projects.
Completing the transaction also highlights the resilience of Japanese investor base under volatile market conditions in the times of COVID-19 and further evidences Macquarie’s continued leadership in green finance.
issued by an Australian financial institution into the Japanese market with the participation of 4 Japanese bank financiers
Samurai loan facility, including a $US150 million green tranche
across all continents stand to benefit from proceeds from the loan’s green tranche
Stuart Green, Macquarie’s Group Treasurer