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“K” Line: First Climate Transition Finance in Japan “K” LINE is pleased to announce that we have arranged operating lease for the Next-Generation Environmentally-Friendly LNG-fueled Car Carrier through Climate Transition Loan with Mizuho Bank Ltd. (MHBK) and Sumitomo Mitsui Trust Bank Ltd. (SMTB). This loan is recognized as the very first Climate Transition Finance in Japan. The loan was evaluated by Japan Credit Rating Agency, Ltd.(JCR)in line with the Climate Transition Finance Handbook published by the International Capital Markets Association(ICMA)and it acquired the highest recognition, Green1 (T), as an overall evaluation. The concept of Climate Transition Finance is to accelerate the efficient flow of financing to the companies, which address climate change risk as material issues for its core business activities and to do non Business As Usual Efforts in order to achieve its GHG emission reduction target to contribute to the global goals for decarbonization .

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