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Execution of Chugin Sustainability-Linked Loan (Hiroshima Kasei Ltd.)

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AI Summary (NQ-processed)

The Chugoku Bank has provided a Sustainability-Linked Loan to Hiroshima Kasei Ltd. to support the company's CO2 emission reduction goals. The loan features interest rate incentives tied to the achievement of specific environmental targets, reinforcing the bank's commitment to sustainable regional development.

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Frequently Asked Questions

Q: What is the name of the bank that executed the sustainability-linked loan for Hiroshima Kasei Ltd. and where is it headquartered?
A: The Chugoku Bank, headquartered in Okayama City, executed the sustainability-linked loan for Hiroshima Kasei Ltd. on March 31, 2026.
Q: On what date did The Chugoku Bank execute the Chugin Sustainability-Linked Loan with Hiroshima Kasei Ltd. and what was the loan amount?
A: The Chugoku Bank executed the Chugin Sustainability-Linked Loan with Hiroshima Kasei Ltd. on Tuesday, March 31, 2026, for a loan amount of 1,000 million yen.
Q: What specific environmental target has Hiroshima Kasei Ltd. set under the Chugin Sustainability-Linked Loan agreement?
A: Hiroshima Kasei Ltd. has set a corporate target for reducing net CO2 emissions under the Chugin Sustainability-Linked Loan to contribute to a sustainable environment.
Q: How does the Chugin Sustainability-Linked Loan incentivize Hiroshima Kasei Ltd. to meet its sustainability goals?
A: The Chugin Sustainability-Linked Loan incentivizes Hiroshima Kasei Ltd. by offering interest rate reductions based on the company's achievement of its net CO2 emissions reduction targets.
Q: What third-party validation has been obtained regarding the structure of the Chugin Sustainability-Linked Loan product?
A: A third-party opinion has confirmed that the Chugin Sustainability-Linked Loan product complies with the Ministry of the Environment's guidelines for sustainable finance.