TOKYO -- Japan's Nippon Telegraph and Telephone will issue a new "green bond" to help meet its greenhouse gas reduction targets and increase its investment in renewable energy generation, Nikkei has learned.
The telecom company will issue about 300 billion yen ($2.7 billion) of green bonds, thought to be the largest single issuance of such debt in Japan by an operating company. Green bonds limit the use of the funds raised to environmentally friendly ends.
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