Mayer Brown announced today that it represented the underwriters on an offering by Starbucks Corporation of approximately JPY¥85 billion/US$736 million of bonds. The proceeds of the offering will be used to make investments in eligible sustainability projects. The transaction marks the first “sustainability bond” issued in the Japanese market.

The Mayer Brown team included: Corporate & Securities partner Eddie Best and associates Catherine Henderson and Elizabeth Gore (all Chicago); Tax Transactions & Consulting partner Steve Garden and associates Michael Loquercio and Xiao Xiao (all Chicago); and Banking & Finance partner James Taylor (London).