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Home » Bank of Chugoku Co., Ltd. Regarding underwriting of SDGs private placement bonds “Advertising PR type” (De core Co., Ltd.)

Bank of Chugoku Co., Ltd. Regarding underwriting of SDGs private placement bonds “Advertising PR type” (De core Co., Ltd.)

Chugoku Bank, Ltd.
Regarding underwriting of SDGs private placement bond “Advertising PR type” (Decore Co., Ltd.)
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[Image 1: https://prtimes.jp/i/68743/458/resize/d68743-458-e9aa6384d3005b3d8fe9-1.png&s3=68743-458-258e07da50774b8c1ae8c217cb4af502-1654×308.png ]
Our bank supports companies that contribute to local communities through the issuance of privately placed bonds. On June 28th (Friday), we will act as the underwriter and financial agent for Decore Co., Ltd.’s “SDGs private placement bond ‘Advertisement PR type'”, and part of the fee will be used to support the issuing company’s SDGs initiatives. The advertisement will be placed on the digital signage of the Okayama Station South Underpass.
[Image 2: https://prtimes.jp/i/68743/458/resize/d68743-458-40a4bde896217d224275-0.png&s3=68743-458-c4cd66c2bfa447dd0dd6117df5668844-1536×1536.png ]
*“SDGs Private Placement Bond “Advertising PR Type””
The aim is to support issuing companies in their efforts towards SDGs through advertising.
As a company that publishes the Sanyo Shimbun or the digital signage of the Okayama Station South Underpass.
A privately placed bond that advertises efforts related to SDGs. [Overview of issuing companies and private placement bonds]
Stock name: Decore Co., Ltd. 2nd round of unsecured bonds (guaranteed by the Bank and limited to qualified institutional investors) Location: 3-5-8 Honda, Tarumi-ku, Kobe City, Hyogo Prefecture Representative: Matoba Zengyo
Industry: Interior goods retail business
Sales: 1,012 million yen (year ending January 2020)
Issue amount: 50 million yen
Date of issue: June 28, 2020
Issue period: 5 years
Repayment method: Lump-sum redemption at maturity
Use of funds: working capital
Comment: Our company sells interior goods such as curtains, blinds, and carpets that are essential to daily life. Through store sales in Hyogo, Okayama, Kagawa, and Shiga prefectures and by handling products that boast high energy-saving effects, we aim to continue to earn the trust of local communities and contribute to the development of communities where they can continue to live.

More details about this release:
https://prtimes.jp/main/html/rd/p/000000458.000068743.html