Mazda Motor Corporation (Mazda) has decided on the issuance conditions for its transition bond today, based on the “Sustainable Finance Framework.” This transition bond follows the issuance in March 2024 and is structured with 5-year and 10-year terms, totaling 30 billion yen. The funds raised will be used for the development and manufacturing of battery EVs and plug-in hybrid vehicles, and for achieving carbon neutrality at global factories.
Source: Mazda Newsroom (July 25, 2024)
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