SBS Holdings secures ¥30bn positive impact loan

SBS Holdings Inc. [TSE:2384] has finalized a ¥30 billion loan agreement for Positive Impact Finance with MUFG Bank, Ltd. and other arrangers. The financing will support corporate activities that positively impact the environment, society, and economy, aligning with the Principles for Positive Impact Finance established by the United Nations Environment Programme Finance Initiative (UNEP FI). The company previously initiated a Positive Impact Finance loan in March 2023 with a total value of ¥35 billion. Lenders include SBI Shinsei Bank, the 77 Bank, the Shoko Chukin Bank, Shinkin Central Bank, the Chiba Bank, Development Bank of Japan Inc., the Norinchukin Bank, Mizuho Bank, Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank, and Resona Bank. The loan, with a five-year borrowing period, will fund ongoing business operations while supporting SBS Holdings' sustainability goals, which include reducing CO2 emissions, improving vehicle fuel efficiency, and promoting the use of electric vehicles.