ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

JFE to become first Japan manufacturer to issue 'transition bonds'

Steel producer to raise over $260m to develop energy-saving tech

JFE will use the funds raised through its transition bonds in projects such as reducing energy consumption at its steel mills.

TOKYO -- Japanese steelmaker JFE Holdings plans to raise 30 billion yen ($262 million) from so-called transition bonds, the first such financing by a manufacturer in the country as it pushes toward a low-carbon economy.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more