At-a-glance: DEAL MAKING – China sees first financial green bond; and more

China Development Bank issues China's first green financial bond; Temasek-linked Astrea private equity bonds get tokenised; and Crédit Agricole shows commitment to Panda bond market.

China International Capital Corporation has acted as the lead underwriter for China's first green financial bond, issued by China Development Bank CDB.

This three-year bond, with an issuance size of RMB20 billion $3 billion and a coupon rate of 3.07%, was offered to global investors through the Bond Connect scheme on March 18.

This bond is the first carbon neutral’ green bond certified by the Climate Bonds Initiative CBI. It will also be the largest green bond issued dedicated to helping achieve carbon peaking and carbon neutrality targets. The bond’s proceeds will be used in renewable energy projects including wind power and solar energy...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 1 article per month from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Share our publication on social media
Share our publication on social media